Looking to start a group of motivated people in Houston, TX that meet once a week (virtually for a while, probably) to keep each other accountable and motivated. No specific requirements on doors or deals, just need t...
I'm investigating if I qualify as a RE Professional for the IRS. I'm retired with no W2 income. Primary income is from real estate, investments, pensions and IRA. We currently own 38 units held in LLCs and privatel...
I own a single-family home 50/50 with a partner that we've used for Airbnb since 2022. We've both spent 100+ hours through various means over the past year - are we able to run a cost segregation study that would bene...
Hi,
My wife and I both have a W2 job and purchased a vacation home in big bear, CA in late 2022 that is being used as a short term rental. I am looking for a CPA that knows the STR Loophole and can help us with offse...
Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...
Does anyone have a CPA recommendation for a CPA that specializes in Real Estate Professional Tax Status? Thanks!
I am a Property Manager and Agent working with SF properties. Our company has chosen not to accept any type of government subsidy though I have spoken with many investors who speak very highly of the programs due to...
Investment Info:
Other commercial investment investment.
Purchase price: $1,730,000
Cash invested: $560,000
14,000 SF 11-unit mix-use building consisting of 2 retail spaces and (9) second floor apa...
Hi all! Been scouring the forums and web around this topic and wanting to see if anyone looked at a 401K loan from another lens. While I understand some of the drawbacks and implications of a 401k loan and the fact ...
Hi Experts,Thinking of selling a rental investment that will probably be at a loss, it also had passive losses. Can I offset any of the below with these losses:1) Short/long-term capital-gains from stock sale2) W2 inc...