Hello everyone!  I know the criteria to be a RE Professional is 750 hours in RE and more hours in RE than any other job.  My accountant told me that I need to spend 750 hours PER PROPERTY which does not make sense.  H...

Sorry for the Tarzan title, but I think it covers the bases. So I’m a W2 wage earner in the 33% tax bracket and my wife, who has no income, logged 750 hours on our rental house last year to qualify as a real estate pr...

What are the general tests for material participation? This question comes up all the time. As tax professionals, we want to get the word out for those considering a real estate professional designation.

Ok. Here we ...

Ok...we took Brandon Turners recommendation to start the tradition of sitting down to review our accomplishments in 2018 and make some goals for 2019. (Completed while having lunch after our 2 hour spa provided by our...

Hey all,I'm a newcomer to the discussion here; so far this forum looks like a fantastic resource. We are planning to rent our SFR as we move up to something bigger for our growing family. Our property has a pool, and ...

Hi All!I have a BIG question mark around pool liability. The house I own , I am looking to move out of and rent out to long term tenants.I have searched this board and google and I have gotten answers all across the b...

Can Podsharing really become the norm in big cities? Can Real Estate Investors capitalize on this niche market?https://www.cnn.com/2019/07/05/success/podshare-co-living/index.html

They have a deal on salt water hot tub. 
According to the sales person, I don't need to handle PH level, adding chlorine or even changing water due to sodium level they maintain. (Just need to clean filter every mont...

I've been reading old posts about the "real estate professional" status (of which there are many) but it isn't clear to me if flippers can utilize losses from their rental properties if they don't self-manage their pr...