Context: My spouse is a real estate professional by materially participating in the management of multiple Single family Residential.She spends more than 750hr and keep a methodical record oh the activities. Plus thi...

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.
Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro ...

Hi BP community! I just talked to a financial planner/CPA and she said that depreciation of a rental property can not be written off as a deduction if your household income exceeds 150K. I could not find any proof of ...

trying to find the answer but cannot find anything useful.... * I have a rental property that produces 7k rental income/yr.* I want buy a (vacation) rental property that will produce 9k of rental loss/yr.* our MAGI ex...

Hi, newbie to syndication investments here. Would really appreciate some technical help with interpreting the OA language around distributions. It seems that the below verbiage allows the sponsor to participate in the...

HiTo meet IRS requirements for a Real Estate Professional would the management of 5 different Property Managers qualify?

Congrats to BP and Josh for the continued quality growth! We are up 10,000 members in the past 6 months.

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Longtime lurker, first post. Thanks to the BiggerPockets community for all the invaluable advice -- it's helped me personally and professionally for many years.

Here's my question: This year my wages at my non-real...

Looking to use the short term rental loophole.
If I use the short term rental loophole for my STR, I material participate and do a cost seg study.
Can I take the value of the building in the first year as depreciati...

we started an airbnb business in 2018, and invested $90k on property and land improvements, and purchasing personal property for the airbnb. Some of these cost qualify for bonus depreciation. Since we started renting ...