Can you claim a home office if you have multiple rental properties but you do not qualify for a real estate professional status?My CPA said that the real estate activities for me are an investment and Not a business a...

My question is specific to Texas since I assume the answer may differ from state to state. However, I would be interested how other states handle this as well.

I understand that a DBA can be filed at the State level ...

I'd like to get a sense of the value of having a high visibility office location for a residential RE Agency.  I'm looking at a location with good visibility along a street with 30,000 vehicles per day.  Half a block ...

We just set up our LLC in Illinois to flip houses.  I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership.  I'm all for S-corp except for the requirement ...

I'm curious to see how other investors handle work space. I'm pretty frugal and currently have a desk set up in the back of a buddies furniture store for free. He's going out of business so I need another option.  I c...

I joined a small office this summer and slowly realized that the broker does not do much for the office to provide any leads or new business. We have relationships with some property managers that we do rentals here a...

Hello, I own rental property but do not have the properties in a business name. Can I claim I have a home office expense on my taxes because I do use part of my home as an office?

I have 2 properties that I rent out.  I report my rental income & expenses on Schedule E.  Can I take the home office deduction?

Hi all!I had a pointed question related to the home office deduction. I am a real estate agent (licensed in May), an attorney with a full-time job separate from my real estate business, and an investor with several pr...

Does anyone know if you have a net loss for the year, do you claim your home office deduction that year and carry it forward, or do you "not claim" it, hold on to the info, and claim it when you have a net profit for ...