Any idea of carry over passive real estate losses can be claimed when you declare full time real estate professional status. We are looking at filing this designation for my wife who handles the bulk of our accoun...

Can you recommend a good tax professional specializing in REI?

Hi Everyone,My name is Jose Luiz Morales. I am 28 years old and currently own 4 properties which 3 of them are rentals. I am a buy and hold investor but also looking to begin flipping some houses. I have been a licens...

I just had the privilege of going through my first tax audit and fortunately came out with a no change. However, I wanted to take a second to remind any investors who are still gainfully employed, and self manage thei...

Is it a good idea to use a professional photographer and if so do you think $175 for a 1200 sqft townhome is a good price? Thanks for the help.

so I’ve been learning a ton about the advantages of being a real estate professional and how you can use that depreciation from passive income producing assets to offset your earned income. And as I was reading it ap...

Does it Make a Difference When Using a Professional Photographer for Your Leasing Photos VS Taking Them yourself?

I am looking to have all my finances looked at. With this I want to know what my net worth is, this professional should be able to offer advice as to what I should do or how I should pay down my loans.

Not sure if I...

I receive $16500 in rental income for the year.  I remodeled the rental property this year at a tune of $17000.  I also pay the mortgage and 10% to a property management company.  Because I have put so much time into ...

I have been doing this for a long time and these are the worst. Animals hoarders (two with three kids), have done same thing three times in five years, should be a support group for landlords, lawyers, psychiatrist...