Hello everyone, it's tax time again and that's  good for most investors$$. I was looking for protection on my properties so I started an S corp last year. However I'm still not sure if this was the right route to go i...

Long term vacation rentals are properties rented for one month or longer, while short term rentals are properties rented for one evening up to one month.There are pros and cons to each type of vacation rental property...

Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...

I'm contemplating renting out an investment property(non-primary residence) on a room-by-room basis with separate longer-term leases for each bedroom. I'm curious if the income from these rentals, listed on Schedule E...

I'm thinking of converting a vacation home to a rental.  Obviously I can get depreciation advantages, but how do I do that?  Do I simply start taking depreciation on Schedule E?  Can I get retroactive advantages?  How...

Hi y'all. I'm about to leave my W2 position and basically be a full time professional real estate investor. I am super sold on the benefits of rolling over my 401k into a Solo 401k and then buying rentals with it.
My...

My wife a I are buying our first rental property and I am trying to figure out how to file our taxes. We will transfer the property to an llc. We live an the property is in co which is a marital property state and the...

I'm trying to do my 2015 taxes.  I bought my very first two rental properties towards the end of 2015 so I have no previous experience with this.  From what I understand, loan origination costs cannot be included in t...

I'm building a spreadsheet, and I'm stuck on a part I'm not quite sure on:
Basically, I'm asking if dividend recapture amount is realized only if there's a gain on sale, and if it's dollar for dollar (e.g., $1,000 i...

We have large unallowed passive losses carried over on 8582 (from several years cumulatively) from various real estate syndication deals reported to us on K-1s.  For the first time in 2019 a few of those assets have e...