Stevee Danielle
Tax question on sec 469 for short term loophole
Can anyone tell me exactly what part of sec 469 of the tax code that explains what qualifies you as a real estate professional? I am having a disagreement with my CPA. He says that you have to have a 7 days or less on...
Lou Siri
Short-term versus long-term
Hey everyone! Fairly new to rental real estate.... As we started preparing taxes and looking to the future, I came up with a question that maybe somebody on here can help with. As I understand it, short-term rentals a...
Ashley Goodrich
Introduction & Looking to Expand Network
Evening all!I'm new to the investing world and am looking to utilize some home equity to make a purchase by end of year. Target market is Davenport, IA and the surrounding area in Iowa due to my family being there and...
Tim Smith
How do high wage earners benefit from real estate related tax deductions?
Longtime lurker, first post. Thanks to the BiggerPockets community for all the invaluable advice -- it's helped me personally and professionally for many years.
Here's my question: This year my wages at my non-real...
Pavs Doychev
Rental #6 failed
We have been waiting for well over a month to bid on this property.(off a auction) at the end of the auction we WERE the highest bidder... got the congratulations email right after the auction ended. But a couple days...
Huggy Baird
Does anyone read the BiggerPockets Member Blogs?
Im new to BP and posted my first blog entry at http://www.biggerpockets.com/blogs
I was expecting some insightful comments and criticisms. Did not get any. I noticed none of the other blogs dating back weeks appear t...
Jon S.
For a BRRRR investor, which miles are deductible?
What mileage is deductible for a real estate investor who practices the BRRRR strategy, works from home, and travels back and forth to the properties. During the renovation stage, I drive back and forth between home a...
Maher Bateh
REI and license?
My main focus is REI but I've decided to get my realtor's license to have access to the MLS. My question is, can I list houses as well if I come across someone wanting me list with me. I figure why not, make a few ext...
Jade Smith
Limits on what an unlicensed property manager can do?
We are a small vacation rental company that manages short-term rentals for homeowners in Los Angeles. We manage ONLY transient occupancies - i.e short term stays under 30 days, for which no brokers license is required...
Matthew Wilson
VA Loan Eligibility - Newly Commissioned Officer
Hey folks!
Figured this would be the best place to ask my questions... I just commissioned into the Virginia Army National Guard in May after completed 4 years of ROTC in college (3 year national scholarship, not sur...