I heard that short term loophole is a one time benefit that you get the year you start service. The following year would be considered passive, so even if you materially participated, it would still be passive the fol...
How do you determine whether s particular city and area has demand for section 8 rental? Some cities have very little list for section 8 rent Does this implies the cities have little demand? Tks
This is Grace, am intrested to participate in this forums as it related to my topic (printing services).Hope you accept my participation for long period.
I know you need to qualify for each one for full deductions; Real Estate ProfessionalHours and Materially Participating Hours. My question is, can you count some of the same activities under each.
Example:
I draft...
I wanted to let you all know that members can now gain (or lose) influence for their participation across the site. This includes participation in the forums, blogs, bulletins, having a complete profile, and for refe...
Are you curious about the future of ranch investments? Explore the potential of Directly Participative Ranch Investment Programs to emerge as a prominent trend over the next decade.
DPPs offer a unique opportunity fo...
Me and my partner set up an LLC in CA (taxed as a partnership) in 2019. We are the only individuals in the company and performed over 1000hrs each this year and will continually maintain those hours developing our lar...
My spouse and I own rental properties. Our longstanding property investments had passive loss carryovers from the earlier years that are now going down each year due to passive profits. (The rental market is very stro...
I have two deals in front of me where the borrowers will not participate in a short sale but are willing to deed their properties to me. Neither property has had any foreclosure actions or collection activity. Neith...
Hello All, There is lots of talk on here about Passive Losses and if there are deductible or not and if so, to what amounts. To my understanding, if you are NOT a 'Real Estate Professional' (which I am, but have never...