All, I understand that to be a property manager in Colorado you must be a licensed realtor.  Can anyone verify if this is accurate?Also, does this apply to an owner who owns and manages their own portfolio?  Or only t...

Hi, long story short I setup my small real estate co in an LLC with the elected S-corp. Which Tax form do I submit to IRS? If you know the answer please provide the link. Anything special I should know when filing?

Hello,Noob question on the potential tax benefits of real estate investing. My wife and I have W2 annual income (dual income family working for large corporations) that puts us in the ~30% marginal tax rate bracket. ...

I'm seeking clarification on activation of suspended passive losses upon sale of rental property. Let's use the scenario where my suspended PAL exceeds capital gains upon asset disposition.  Does the total suspended P...

For the past 8 months, tax professionals have been studying Section 199A (the 20% pass-through business deduction) and trying to position their clients to best be able to maximize their deduction.  However, we have be...

Happy labor day weekend everyone!  There is a single family rental property that is Real Estate Owned that I have been interested in.  I went through the property once and was scheduled to go through the property for ...

Hey everyone, it's great to see another Orange County Meetup started in the northern areas. With all the different members, I was curious as to what everyone is working on,  Are you actively buying properties, if so, ...

Hey Folks,April 15th is right around the corner and I constantly see the same tax questions pop up in the forums. Hopefully this thread can help serve as a running list of real estate tax questions and answers. Ideall...

Good day – I hope everyone is having a great weekend – I have a question I am sure some folks here have run into previously.Disclaimer here – I am pretty new to BP and have been enjoying searching around and getting f...

How can we apply real estate losses from prior years to offset current year non-real estate income? I assume we need "real estate professional" status, but 90% of CPAs I have talked to (all with real estate clients) s...