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 ...

Hello.  I'm going to keep track of my real estate activities in management of an STR, and will track the activities using an activity log. My question is - how do I prove in the time log that I performed a particular ...

The role of the silent partner is primarily providing capital for funding a deal.  Does the silent partner have any other rights in the deal?  For example, if the deal is experiencing "challenges" (i.e. management, fi...

Good day Everyone,I am a professional in tech, my wife is a realtorI bought the house last year and incurred a net loss. When I filed taxes using turbo tax, I filed Schedule E but there was no form  8582 which is to d...

Hello All, I have been doing some reading up on how to use 'excessive losses due to depreciation' and of course came across the Real Estate Professional Designation for tax purposes. This is realated to buy-n-hold ren...

So, I am currently a part-time real estate agent while I finish college (one year to go). My license went active on Jan. 01, 2016. So far I have gained my first listing and am working with a few buyer clients. However...

Hey for my married investors in the group. How do you go about structuring your LLC and building your portfolio when only one person is actively involved in the business? Should both people be listed as members of the...

Hello,If you’re qualifying as a real estate professional based on managing apartments that you own, can you count hours spent doing due diligence on future properties? For example activities such as searching for futu...

Typically, an investor clearly wants to understand the deal, the potential return, the potential loss, the "gotchas", and then make a decision on the investment based on all of the data. My company has an investor tha...

Typically, an investor clearly wants to understand the deal, the potential return, the potential loss, the "gotchas", and then make a decision on the investment based on all of the data. My company has an investor tha...