Alex Mora
Visiting and wanting to connect with RE Professional's !
Hi BP folks,
I'm going to be traveling to Tucson, Az next month to grow my boots on the ground, understand the local market and get the ball rolling to buy a property.
I'm located in Portland, OR and have done a f...
Preeti Behl
How to qualify as a Real Estate Professional
I have one rental property which I manage on my own and have a W2 job. How can I qualify as a real estate professional using my rental property?Thanks
Michael Greer
Real estate professional tax status- Can I qualify?
Hello,To start off, I contacted my accountant and he said he did not think I would qualify.I'd like an opinion here because I'm not sure I agree. I could be wrong.I work a W2 job for a city as a comissioner in the bui...
Trudy Finlayson
Real estate entrepreneur & licensed professional in California
Dual Licensed Mortgage & Real Estate consultant, real estate entrepreneur, trainer, speaker and coach. Passionate about learning, sharing and creating wealth with real estate.
Cristin Andrews
IRS recognized real estate professional while drawing pension?
Hello - newbie here,I'm a single high income earner so have very limited tax benefits for real estate investing and know that I cannot become an IRS recognized real estate professional while I have my W2 job. I plan t...
Joshua Myers
RE professional status and carrying over tax losses
Question for my 2022 and 2023 taxes:I qualify as a Real Estate Professional and I did a cost segregation last year. That led to a qualified business loss of 78k to carry over from 2021. For 2022 tax year I am going to...
C. Wei
Texas (Dallas/Austin) Professional Teams for RE Investment
Hi BP investors,
I am a foreign investor (Canadian) looking to invest specifically in Texas, likely starting from Dallas given my partners are more familiar in the area. We're looking to buy-rent-hold the property a...
Crater Slade
Can a real estate license limit a professional?
I have been buying and selling property from tax auction and would like to start finding off market properties to wholesale. Recently I have been weighing the option of becoming a real estate agent.
Will becoming an...
Yusef Griffin
A CPA/ Tax Professional for a New Investor
I live in Southern California and am moving to Tallahassee next summer. I am finally closing on my first rental property in North Little Rock this week. I have heard time and time again that it is wise to have a good ...
Kyle McCorkel
How to track hours as a RE professional
So this is the first year that I think I might have a shot at reaching the coveted "RE professional" tax status. My accountant advised me to start tracking my hours, both in my "real job" and in my RE business in 201...