First post, all.  Thank you for reading.
I am considering jumping in on the landlord/rental investment train.  I want to maximize my returns and try and achieve REP status on my tax return, therefore allowing depreci...

How to tell if they are good or bad to work with? 

Some background: I have a high W2 income (top tax bracket) and my wife qualifies as a Real Estate Professional.We started investing in RE this year (3 SFH) and I have been looking at the option of accelerated deprecia...

Hello all- I’m interested in claiming RE Professional status. I’m wondering if time spent traveling to-from rentals is eligible towards the 750hr requirement. Additionally is time spent doing due diligence and searchi...

So those of you all including myself who claim the prized Real Estate Professional status, were your 750 hours spend affected much by Covid?  With a pandemic, tenants were generally reporting less maintenance and evic...

Hello BP Community, checking to see if any reputable tax professionals/CPAs that can be referred in the Chicagoland area? I'm in SW Burbs if that makes a difference. Preferably someone well-versed in capital gains tax...

Hello BP, I am in search of a real estate professional in NJ. Currently, I am looking at the Newark NJ, Irvington, and all of the oranges market. Ideally, I would like to work with a realtor who is hungry, a great com...

Hey folks,I'm shopping for my first property that will be a house hack so I will be an owner occupier with roommates. I know there are exceptions to fair housing when you live in a property since the tenant will be yo...

I am probably going to file as a Real Estate Professional this year rather than try to get long term capital gains or even short term I’m flipping too many houses and believe I will be seen as in business and not doin...

I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...