Are the associated costs for obtaining a CPM designation through IREM tax deductible?

I started STR last year (my first investment property) while working W-2 job. Is it true that I cannot claim loss from the rental property if my income is above 150k (married filing jointly)?

I am currently renovating a unit, will take about 20K, as we all know, 1099's are hard to find for a budget friendly renovation. Is it more beneficial to pay 30% more (just throwing a # out there) and have a tax deduc...

To take expense deductions for 2020 on a new property being used as a b/b such as appliances, furniture etc, does the receipt need to be dated in 2020 or can it be dated up until filing deadline of 4/15/2021?

I just finished two tax books, “Tax Free Wealth” and “Tax Strategies for the Savvy Real Estate Investor”, and both books talk about how to deduct vacation expenses with some planning. However, my tax advisor told me ...

We just recently purchased a rental property in Utah from out of state.  Prior to renting out the home we will have to fly out there to prep the home for rent.  Just wondering if we can count expenses incurred for fly...

Does anybody know if I can deduct expenses when 'driving for dollars'? Also, If I purchase a new vehicle for that, can I deduct this expenses?

Hi, I am a new landlord, I purchased a family home from my siblings, using a HELOC on the rental property, and a loan for my 401k, is any of the interest deductible? I hope I posted this in the right place.

So the tax code says that a rental property depreciates over 27.5 years, i.e. 3.64% a year. So does this mean that as a landlord, I dont pay tax until I make 3.64% x house price? And if I pay down 30%, it means that I...

I just spent most of this month spending money to get my business up and running. I filed it as a DBA for right now and will upgrade it to an LLC when I start producing income.

I accumulated a couple $1,000 in initi...