Material Participation Activities:
Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.
Contractor Management: Oversee the hiring and coordination of con...

Can one take a loan from the Solo401K in the current year, and use a distribution from the SoloK to pay back the loan in a future year? For example, if I borrowed $10,000 this year, made payments each month until 2019...

I'm working with a CPA who is arguing that STR should be considered a passive designation and therefore losses in our holding LLC cannot be applied to my W2 wages (which are > $150k). My spouse and I will be alloca...

I am the trustee and admin of the solo 401k plan of my business.What paperwork is required for an employee early distribution to comply with DOL and IRS rules? How do I report it for taxes for both employer and employ...

Hello BP STR experts, If I buy land first for constructing/manufacturing home, can I then claim bonus depreciation for such a constructed/manufactured home and use that calculated depreciation amount to offset my W2? ...

so i have read and researched this designation for some time now, and even obtained good info from one of the forums' resident tax experts Steven Hamilton, II, but i am just curious how many out there are actually usi...

I've been using Turbotax for years but it no longer supports my situation.  I completed two flips then rented the homes.  Turbotax asked if I "materially participated" and I said yes, but they don't support this scena...

I'm new to real estate investment and considering entering the short-term rental market through platforms like Airbnb and Vrbo. Since I'm on an H1-B visa, I'm only allowed to earn passive income. If I purchase a short...

I had a question from a potential investor (granted, this fella invests in multi, multi-million dollar projects).  He asked if I would look into the blue sky regulations in Texas.Currently, I have one investor that pu...

I bought 5 single family rental homes this year so I have a lot of negative cash flow to report on taxes.  I'd like to declare myself a "real estate professional" as I'm on sabbatical from my W2 job this year and coul...