Hi, I'm 29 and just bought my first property (3-flat) in the lincoln square neighborhood of Chicago, IL earlier this year. I did an FHA loan so I live in one of the units. I tried to rent the other 2 myself from mid-J...

My husband and I liquidate the contents of homes and businesses, and quite frequently, we run into situations where the property owners / executors need the property to be liquidated as well, but we refer them to a Re...

I own a furnished 2 bed 1 bath sfh with pool.It's on the Dutch Caribbean island Bonaire. A divers paradise.Where could i market this place for digital nomads ( and similar ) tenants?Idea is to rent it medium term. But...

Hello everyone, I am looking into buying a SFR that I will be rehabbing and then renting out. I have my own small business, I do commercial construction all over the East coast. I am looking into speaking with CPAs an...

Just finished reading "Tax Strategies for the Savvy Real Estate Investor" - Interesting read, I learned you don't need real estate agent license to qualify as Real estate professional.. Does the below activities quali...

To qualify for real estate professional at tax time you need to meet the following:
-More than half of the personal services you performed in all trades or businesses during the tax year were performed in real prop...

Would an architect or engineer that works in the residential industry, such as designing ADUs, additions, custom homes, etc. qualify as a real estate professional in the eyes of the IRS?

If you need 750 hours to be a REP and most likely will not be able to work a full time job (W2).  What other income is there to offset?

Came across the concept of real estate professional recently and was curious if anyone had elected to pursue this status.  I understand the time requirements and being part time the 50% shouldn't be an issue.  Just cu...