So this is the first year that I have not had a traditional job and w2 income to show at tax time as well we own 4 rental properties (one in which we live in one side of a duplex). We also did a short term rental on A...
I'm a newbie RE investor who is looking to see if I can qualify as a RE Professional. I'm documenting my RE-related hours and wanted to know if I can include drive time to/from appointments/drive-for-$$/etc. Thanks ...
Hi All, I've just finished my first rental property (YAY!) I'm ready to post the listing on a variety of sites so I can explore short term and mid-term rental opportunities. I took some photos with my cell phone jus...
Looking for a San Diego tax professional that can help me plan ahead. Is anybody here one, or does anyone know of one?
I was stuck. I had to add County Occupancy Taxes to my listing on AirBNB in Placitas, New Mexico. It lies in Sandoval County, north of Albuquerque, south of Santa Fe. The way I read the platform instructions, I wou...
Anyone come across any companies that specifically lend to medical professionals, and if so have you found any that would be beneficial for real estate investments (outside of physician's loans for primary residence m...
I am a stay-at-home mom taking of two kids and hubby is a high W2 income earner (we are in the highest tax bracket). While searching for the tax optimizing strategy, the real estate professional status seems attractiv...
Does anyone have any recommendations for a CPA/Tax Professional who is extremely knowledgeable in Real Estate taxes in the area?!
Do both spouses need to obtain real estate professional status to receive the tax benefit?
How many of you guys have claimed real estate professional status? Any suggestions or advice?