
7 March 2020 | 46 replies
I wrote the above for informational purposes.

3 March 2020 | 1 reply
You have to read the ordnance, but typically there is a ‘permitted use’ which is the zoning class, then there are ‘prohibited uses,’ and in between there may be some combination of ‘’conditional uses’ or ‘performance standards’ where you can potentially use it for another authorized purpose.

3 March 2020 | 5 replies
@Rebecca WilsonProbably (but not certainly - that would require a more in-depth discussion) you have 2 properties for tax purposes.

3 March 2020 | 3 replies
In 2019 she moved in, however, she is not paying rent or any of expenses, ie, utilities, electricity, HOA, etc.How do I handle this situation for tax purposes ?

3 March 2020 | 2 replies
Hi @Cory Clay.Thanks for posting in the forums.However, we do not allow self-promotion, and posts looking for real estate agents tend to generate a lot of self-promotion from the agents on the site.We've locked this thread so it doesn't get filled with these posts, but we're not going to leave you high and dry!

3 March 2020 | 2 replies
Is this a good move for tax purposes?

3 March 2020 | 2 replies
What does "as long as the income is not used for qualifying purposes" mean?

6 March 2020 | 7 replies
Likewise, being a mortgage broker does not qualify (this one was actually just tested in court in 2017)For the bucket of losses, all passive losses get netted together in a given year, so all rental properties, Oil & Gas Royalties, etc - all get lumped together for the purposes of determining whether you've got an overall Net Passive Loss.

6 March 2020 | 5 replies
The purpose of the due diligence period is to inspect and make sure the price is acceptable.

6 March 2020 | 6 replies
Don't be shy about using social media to promote what you're up to as well.