The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...

I am a design and construction professional who has been working in the industry for many years managing projects for the government.  As a real estate developer, I am interested in flipping homes, and holding some re...

We are looking into buying our 1st rental property. We need to decide between purchasing a home that's currently rented or buying a home that needs some repair. We think the cash flow would be greater if we purchase...

Hello BP World,I'm just starting out in RE and need to build a team. I need a lawyer that works with Investors that maybe has some property themselves. A CPA that knows the ins and outs when it comes to working for in...

Good morning,I am new to RE investing, an made an uneducated decision trying to offset some income taxes. My CPA informed me that my AGI exceeds the $100/150k threshold to have pass through passive income losses offse...

After speaking to a few investors who have had skin in the game now for over a decade, several mentioned the idea of having one person (wife or myself) become a real estate professional and then start the business of ...

I am currently buying properties at auction in the Nashville area and did my first deal in Memphis last week.I am now looking at purchasing a note on a commercial property with a private lender.  I could use some inve...

Does the time spent in re-development of a building (planning, financing, supervising, and construction) and renting the building to a business count for material participation hours to gain real estate professional s...

I'm sure most of you prefer to keep your relationship with tenants professional. Kind of a dumb question but I was just curious as I am working on buying my 1st one. On a major holiday like Christmas for a lot of peop...

Does anyone know of someone doing AirBNB or similar in the Oklahoma City area? We own an apartment building and would like to joint venture for short term rentals in some of the units. ThanksIra