IRS just announced the tax filing deadline will be moved to July 15, 2020. This is in addition to the previously announced move of payment deadlines.

This is what I get for not doing my taxes earlier. I use Turbo Tax and the program just asked me if my SFH properties are Qualified Business Income or not.  The help post at Turbo Tax seem to say no, while the CPA who...

I was doing turbo tax, and im surprised that it is changing my return based on the number of months i claim i used the residence as my primary residence. I realize over two years is tax free, but im not trying to do t...

We all know about Denver's Lodging Tax and that it must be collected and paid and that short term rentals have to be licensed in Denver for this purpose.All of the platforms - AirBNB,VRBO, etc - collect this tax on th...

Hey guys,I'd like to change ownership of a property in Florida. I'm currently in Toronto and don't want to have to travel to florida to register a new deed.What is the best method for me to get the ownership changed f...

I have a question about how to handle depreciation of an owner-occupied residence where we rent out rooms. We placed one room in service in 2014 (25% of home) and filed the 4562 form for 25% depreciation of the buildi...

I'm not particularly interested in owning real estate directly, so I look at both syndications, private real estate funds, a simple REIT index fund. I generally only invest in syndications in tax-free states or in sta...

Hey, I have looking to convert a zoned RM1 single-family to a multi-family and understand that I would need to complete a Use Registration application.Question: Do I need to include the existing floor plans with the a...

I recently started an LLC for my real estate portfolio ( I would like to own 100units some day). My wife’s name is under the LLC as a member (although she has no interest in real estate or doing any leg work, etc). Th...

Hi there, While finalizing my 2018 taxes, I found an error on my 2017 Schedule E, Depreciation calcs.In 2016, my accountant used the straight line depreciation method for "Appliances".  The following year, I used the ...