In the meantime, hang in there. 😎 "Big" Henry

The IRS requires the hours to be specifically in real estate trades or businesses, which typically means activities directly related to owning, developing, operating, or managing real estate properties.IRS Publication 925 outlines what counts as real estate trade or business activities, like development, construction, acquisition, management, leasing, and rental operations.

Not sure how property moves in that area.

We were boing to BRRRR in Ohio but decided to hold off on that as we didn't feel comfortable managing it from this far so held off on it.

Hello everyone,My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the transfer besides my CPA.Can I do the transfer of the deed myself (going to the County Recorder’s Office) and just check with my CPA for taxes due?

Thanks Adam, this is clear.With a view to putting them in collections myself / seeking a judgement > is this "doable" when I'm based in Europe?

The property is located in Cleveland Heights.

@Bill HaleyHad a meeting this past week with some individuals who raise some serious $ and discussing what works and does not work in an offering and one of the things these people were saying is real estate offerings using crypto and blockchain / tokenization is not attracting many HNW individuals.

I'm based in Houston and personally would avoid Midland due to its potential job volatility.

Exclude up to $250K/$500K in gains.4️⃣ Home Office Deduction: Use part of your home for business?