I have been flipping houses for 3 years now under my LLC, but was wondering if I should start a new LLC specifically for my rental properties.  How does everyone else structure their flips and rentals?

Hello all-
I am looking at a few properties, one in particular is fully remodeled, has tenants but after asking questions about the area on a facebook group I am told that gunshots are heard in the area and police ar...

What activities qualify for the material participation tests for making your short term (<7 day on avg stay) active instead of passive income/loss? I'm taking the "I contributed 100 hours and nobody contributed mor...

I found a great investment opportunity in a hot local neighborhood.  Within hours of the listing going live, I entered a full-price offer in writing.  This was on Wednesday, and the seller's agent claims he "cannot re...

If you pass all of the qualifying tests and indicate at tax time that you’re a real estate professional, does that allow you to use all of your losses to offset gains?i know as a non-real estate professional you are l...

Hey folks,
Would really appreciate some ideas from the forum CPA's, tax lawyers. My wife and myself are having full time jobs and work 50-70 hrs a week each that puts us in 35% pus federal tax brackets. I really like...

I purchased the Nick Sidoti course and he offered a 2 day boot camp with Lou Brown and a 1 day boot camp with David Lindahl. I am figuring that for such a short time that it will be a very long one day sales pitch "u...

We had water damage for about two weeks but acted on it too slow. There might be mold growing on the drywall and the remediation company recommended mold remediation. It's a SFH with two beds on the upper floor (away ...

I Just started this pre license course online and I think I may know the answer to this question but would just like to get some clarity on it from someone who is an agent who understands the law... It goes over the a...

I’ve owned a duplex in upstate NY for about 5 years. I’ve had several great tenants over the years but most recently I’ve had complaints from the neighbors and second floor tenants (before they moved out last month) a...