I'm in the process of converting my garage to rent out as a short-term rental.I want to know if I decided to take advantage of the deduction to offset my w-2 taxes, whether I would get a refund from the IRS.ExampleAss...

Hello everyone,

I'm currently in the process of buying my primary residence, and I could use some advice. The home price is $480,000, including upgrades. I have an incentive of $25,000 for going with the builder-sp...

Newbie here, purchased a LTR a few months back. Have a few questions regarding STR loophole and ways to save on taxes.I have a W2 and I am on H1b visa. So looking for folks who are knowledgeable on visa side of things...

First time investor here that is feeling pretty stuck.. we want to get started in one way or the other with lot of different approaches and advice out there. We hired a tax advisor and were told to get an STR this yea...

Hi, I understand rental properties are not earned income so you don’t have to pay self employment tax on them. Has anyone fixed up flips or built new construction and instead of selling immediately, either rent...

My wife and I did a live-in flip for 2 years and sold for a $40k profit. We bought our next house less than a year later. We may rent this house out, but curious if we sold it again (it's 2 years later now), if we'd p...

A few years ago I had my brother purchase a investment property for me, because I couldn't get a loan at the time.  Initially I was told yes, but when it got closer to closing, loan was cancelled.  Basically I paid fo...

I have two companies, one for real estate investment which is a LLC and one for home construction which is S Corp, just call them A and B. B takes remodeling project for A, how to handle them wisely to save taxes? e.g...

Hello all. I have a question. I moved into a smaller home and don't have a office for my real estate business. I had a thought the other day. I wondered if I purchased a motor home and used it as my business office if...