Last year I filed my taxes as single, and owned a rental that returned a loss. I was able to deduct the losses on my taxes.This year, I am married. The same property once again has a loss. If we file jointly, it seems...

I am requesting inside regarding my filing requirement in California.Background-I am a California resident on active duty stationed in Washington. I am considered a nonresident for California tax purposes and as long ...

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...

What are business ideas that people implement that complement a large rental portfolio? I'm not nearly there yet but I think it's good to plan ahead.For example, some people start their own in house property managemen...

Hi Bp, We are looking to sell a few under performing properties next year so we can redeploy the equity into better investments and we had some questions.   Yes, we are going to talk to our CPA but we are filling out ...

I just closed on my first SFR today! I've been feeling good all day until I read more about the difference between repairs and improvements. More specifically, I'm bummed out over the General Plan of Imporvement rul...

Hey all. I searched for an answer here but haven't found it. If I missed it, please let me know.

I'm in the planning stages. What I would like to do is get a multi-family property and collect rent (gasp!)

But when...

https://www.marketwatch.com/st...
Higher maximum rate
The pre-election Biden
tax plan would raise the top individual federal income rate on ordinary
income and net short-term capital gains back to 39.6%, the to...

Hello,First post in this forum. I am looking into becoming a real estate professional to grow my portfolio long-term and to reduce my earned income tax %. Would becoming a REP and materially participating in rentals r...

Hi all,

My wife and I purchased a home 7 years ago (at the high point of our market). We still owe more on the home than it is worth. We are considering moving and I am trying to analyze each option. My 2 ...