Once of my favorite entrepreneurs would have to be the one and only Grant Cardone. So naturally I listen to his podcast and follow a lot of his material. One number that he continuously brings up is $100,000 and once ...

Whats up, BP. I am in the Tacoma, Washington area and I am closing in on my real estate agent license. I currently have about a months worth of living expenses saved up after paying desk and startup fees and this is g...

I’m a realtor that manages the 6 units that we own as rentals. I’ve been doing this for 7 years. Our accountant has never said until now that I need to have real estate commissions to make our write offs more legit if...

Hello community,I have researching on benefits of long-term rental, and a bit stuck on requirements to be full time real estate professional (the 700 hours) if one has to be able to take tax advantages. If I cannot ge...

"Special Allowance for Rental Real Estate Activities
Active participation. If you actively participated in a passive rental real estate activity, you may be able to deduct up to $25,000 of loss from the activity from...

Hi there!  I am interested in how rental losses work if income is over $150K and if not a real estate professional.  First, I suppose that these losses can be carried forward but how are they eventually taken?  Only i...

After learning a ton from the forum & podast (thank you all!), I'm finally writing my first post here!There are many benefits with being an accredited investor, including access to better investment opportunities....

If you get your REPS by materially participating more than half your time in real estate than your passive activity losses can offset your non-passive income, but how is it possible to acquire any non-passive income i...

Hi All,
Long time lurker here. I have read dozens of posts about REP status and it's still clear as mud to me. I am hoping someone educated can chime in on my specific situation.
I am a high income earner, owning a ...

Hi Tax Experts,I learned in a article that you can actually use the loss created by your real estate investments (of course it's not realized loss) to offset your W-2 wages and other income.  Is that true? Is there ce...