I'm surprised after reading this article:https://www.accountingweb.com/...Basically, if you have rental (or primary -> rental) and turn to primary, and then sell the property after live there for two years, the non...

I purchased a rental property earlier this year, and it will be my first year not taking the standard deduction. I met with a tax professional I found through BP, and in our planning call, she mentioned that if you ar...

Hi,a little confused about the short term rental loophole. Seems i can use my paper losses on my STR against active income if my avg stays are less than 7 days and I pass the materially participation test.  Here's my ...

Good morning,
I am new to the real estate game, looking for our first fourplex now, just got pre-approved. Background: employed (w-2) as a physician, wife is a stay at home mom, also very interested in real estate an...

I have a property that is held as Tenancy-in-Common with my sibling on the title, let's say for the sake of example that I own 70% and the sibling owns 30%.  Will it be very complicated to do a 1031 Exchange for my po...

quick tax question for you guys.  I'm trying to get organized for tax season.  Are Annual HOA dues deductible in the year they are paid or the year they cover?example:  I just paid the 2016 hoa dues on the property on...

 We somewhat have a plan and have a couple questions.... our plan is to do a live in then rent a few times until we have 5 to 10 paid for properties.
We have been living in our current residence for about 5 years and...

My husband and I just founded an LLC to hold our first investment property (triplex). I am thinking to elect federal taxation as a sole proprietor (which is possible as a married couple in California). I am a bit unsu...

Hello,
My wife spends over 800 hours a year on our real estate. What are the benefits of her being "Classified" as a full-time investor?

I've searched the internet & bp but didn't find the specific answers. I understand the 250k exemption for a single filer. My questions are can rehab costs be included with the purchase cost of the next home? Mater...