Just purchased a duplex as an owner occupier with me living in the basement and renting out the top two floors. Just got my taxes done and I'm confused on how I go about getting my rental income reported to the IRS

Hi Guys,I'm planning on incorporating a single-owner real estate holding LLC in Delaware/Nevada this year and am wondering what the tax advantages are of doing so. The LLC will focus exclusively on residential multi-f...

One of the most common house hacking strategies in the Denver metro area is the Airbnb House Hack. That consists of buying a single family home with some form of separate living space to rent out as a STR and help off...

Has anyone filed taxes yet as a W-2 employee who owns only STR, rents for on average less than 7 days per rental (STR), and materially participates (usually requires 100 hours or more in a year and more than anyone el...

Looking to purchase our first STR.  Are their tax advantages to financing as a conventional rental property with 20% down vs a vacation home with 10% down?  How does depreciation work on STR's and does the financing s...

What would be the best depreciation method when I am only planning on holding a rental property for 5 years?

Thanks

Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service?  I was under the impression that you cannot, that they must be added to the ...

Can I offset an interest earned from Tax Liens by mileage/car usage associated with property inspections prior to lien purchasing ?
Thanks

I’m an engineer (full time, W2) and a real estate agent on the side (Schedule C).  I have 20 rental properties (Schedule E) that currently carry a passive loss of 300k. I am purchasing another rental property and will...

Hello,
So I recently found out that you can only write off $10k from local and state income tax. Does this mean I cannot write off depreciation + property tax + mortgage interest more than $10k?Thanks in advance for ...