Hello,I tried looking but this is a niche questions. Is there someone who has done this before or can recommend a CPA.Situation: 1. US Resident with W2 income2. International STR3. Can I get depreciation using cost se...
Hey guys,just a quick intro, I have been a landlord for my parents' unit for the past 5 years, and just this year I've decided to purchase my own properties. All of which are in Canada (Alberta and Saskatchewan).I hav...
Dear tax gurus, CPAs, etc,My understanding is that you can't count rental losses against your W2 income, unless you qualify as a real estate professional (which is very difficult if your W2 is unrelated to real estate...
Hi BP, I’m in the process of renovating and setting up my first short term rental. The property is about 3 hours drive from my primary residence and I go there once or twice every week to work with my contractors to c...
Hello,I am interested in starting a transitional home for ex-offenders and came across the Group Home Riches website. They offer a gold course that is supposed to help you get up and running but has anyone had success...
I know that I would have to pay UBIT if I BORROWED to purchase a property in my SD 401k using a participating loan. But is there any restriction regarding UBIT or other aspects if I were to MAKE a participating loan f...
I see and hear a lot about the benefits for the person who is actively syndicating a deal. What about those who participate in that syndication, aside from the fact that their involvement is much more passive in natur...
in regards to participating in Auction.com; online auctions, (and an out of country investor with boots on the ground to mobilize any rehab after the fact and peak in windows before hand) ....is there any immediate h...
Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...
A direct participation program (DPP) serves as an investment vehicle that empowers individual investors to actively participate in specific business ventures or projects, typically organized as partnerships or limited...