Daniel Dietz
What Counts as Hours for Real Estate Proffesional Designation?
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...
Lennon Lee
Is Passive Real Estate Investing BETTER Than Active Investing?
Is Passive Real Estate Investing BETTER than Active Investing?
When discussing real estate investing practices, the idea of active versus passive investing is often one that is the root of many heated debates among...
Nicholas Alves
Short Term Rental Hands Off System
Hello all! I am in the market for a STR and need to develop a system thats hands off. I work over seas and will not be available for day to day problems that occur. How does everybody build their STR business to be...
Theresa McGallicher
Short Term Rental Tax Question - Schedule C versus Schedule E
I have researched this topic extensively on Bigger Pockets and elsewhere and I am still struggling to understand the tax code.
I have a STR property that went into service in Jan 2022. I met the Material Participati...
Juan Carlos
Absorption Rate Calculation
Good day BP community!
We were trying to clarify how to calculate the absorption rate for a market and looking through the forum for some guidance and found this old post by Robert Autorino seven years ago that did n...
Joseph Bridenstine
HPSP/VA Loan Question from Newbie Investor in Medical School
Hey Military BP Members!I am relatively new to real estate investing but am looking to acquire my first property soon and possibly do a house hack using a VA loan. I am currently in my last year of medical school with...
Johnny Situ
Can I qualify as real estate professional?
Hi BP folks,I ran a real estate software company last year and probably spent more than 750 hours on building the software. The software allows real estate investors analyze rentals and flips etc, can I qualify as a r...
Henry T.
CPA, STR deductions and losses.
My CPA says STR "A" can only deduct expenses for STR property "A", and only up to income level. Whereas my other LTR rentals B,C,D,E etc, can accumulate/share deductions and losses , as well as carry over. STR cannot....
Annie Balagot
Short term rental as an active activity
Hi,a little confused about the short term rental loophole. Seems i can use my paper losses on my STR against active income if my avg stays are less than 7 days and I pass the materially participation test. Here's my ...
Ellie Narie
Can you deduct depreciation if your S-corp manages your property?
If you have a rental and set up an S-corp that will take 100% of the profits from the rental (can you do this to begin with? to avoid self-employment tax), and the S-corp's income will pass over to you, can you still ...