John Reuther
Non-Passive, Hotel Rule
When a property averages less than a 7 day rental period over the course of the tax year and qualifies as a non-rental activity, and non passive tax treatment, how is the rule about personal use affected? Can the owne...
Joel Owens
Current tax reform status 12-2-2017 / Senate Passes Resolution
Dear ICSC Member,In the wee hours of this morning the U.S. Senate passed its version of a tax reform bill by a 51-49 margin along party lines. Senator Bob Corker (R-TN) was the only Republican to vote against it due t...
Marysue Connelly
legal right to ban prior owner from property
This is a re-post from multi family forum. Not sure where best to ask.I purchased a 22 unit apartment building summer of 2018. The past owner did self management and was lax and inconsistent with any type of policy....
Amy Prosser
Avoiding dealer status as long as possible?
My husband and I are slowing flipping homes. We live in each flip while we rehab and then sell. Can I treat these flips as a sale of my home? Until I get to a point that I no longer live in them? That way I still ...
Spencer Krautkramer
Blinds, Shades, or Curtains/Drapes
I'm wondering what people's preferences are when it comes to window treatments (blinds, shades, curtains, drapes)? I'm currently house hacking and am thinking about installing blinds. However, wondering what is the be...
Dave Kennedy
Nationalize the banking system
So there has been a lot of talk lately about nationalizing some of these big banks. The govt then came out and said its not going to happen and they have no plans to take such action.
I was ju...
Jeremy Zindel
Deduct charitable contributions on a Schedule E (or C)?
First off, I know this is a very specific question to my circumstances and I already have an appointment with a CPA to ask this and many other questions but I wanted to get a feel from anyone in the BP community who m...
Peggy Beauregard
Depreciation to some partners & not to others in same property.
A syndicator has told me they can give a better return to IRA investors as they don't need depreciation and her accountant does this type K-1 schedule. This would mean the people investing from their personal savings ...
Joseph Tjader
Newbie investing, duplex, 1031 exchange, LLC
Hello BP CommunityThis is a very newbie post which will be long so please bear with me.I am 29 and recently (last year) bought a 3/2 near a military base,. It was a turn key and I figured I would rent it out to milita...
Max Bellino
Anderson Business Advisers Asset Protection
Hello Everyone,
Thank you for taking the time to read my post. I'm currently navigating the complex process of finding a reputable asset protection attorney with expertise in real estate. My journey has introduced me...