I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.

That much is clear:
- If you hav...

I have owned rentals for 4 years now. I never took the depreciation!!! If I go back and amend my tax returns for 2014, 2015, 2016 would that EXPOSE me more to an audit? I stand to get back an additional $2,000 per ye...

Hello,I am looking for someone who specializes in Real Estate accounting in the central florida area to file my 2016 Taxes and work with possibly in the future, I have approx 100 single family homes in Florida. Can an...

Hi BP Community, Purchased 1st home last year after watching the 90 day challenge webinar, Plan this year is to renovate one side if house into an ADU.Getting ready to do our taxes and looking for referrals in the are...

I know that mileage for business related travel can be deducted, but what non-business related travel, where business occurs. For example, at social outings, volunteer events, or a say a Christmas party, our business ...

Fellow BP members who are commercial landlords & PM: Out of 100 tenants, how many of your tenants would pay the adjustable CAM at the end of the year? Any strategies to share? Thanks! 

Hi, I just moved to San Diego and started real estate investing last year. I purchased a rental unit and did some private funding in 2016, and I will probably expand this business by doing more deals. Now it comes to ...

PLEASE HELP WITH SOME ADVICE. Company were I work is in the middle of EDD Audit. Auditor sent us this questions:1) How do you determine what work needs to be done on each of the properties?2) Are there prope...

A question that we get:
"Does the IRS require site visits for cost segregation studies?"
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conduc...

We reside and pay California tax.  We have rentals in Ohio, Hawaii and Nevada now.  For travel expenses we have racked up a lot of expenses on a property in Hawaii.  For the Hawaii duplex. We legitimately have been fl...