This post is for the STR investors who are looking to take advantage of the STR tax loophole which allows you to write off paper losses against your active income. There is some confusion about material participation ...

New to the forums, and I haven't been able to find the answer to this question yet (I apologize if its been answered already). My wife and I own a STR property via an LLC in which we are the sole owners. The LLC is in...

For those with LLCs, did you register it in the STR state or home state?

I have 2 people that I sometimes partner with on real estate deals.I use a CPA because I have a number of rentals and a few LLCs. I understand the value my CPA provides for me in my situation.However, when should my o...

Curious as to thoughts on cashing out / paying penalty on a traditional 401k for a rental property. Specifically NOT talking about self-directed IRA's and the complexities that come with those. For sake of argument, l...

I have 23k in business credit that I want to use for a down payment on an investment property. I have some cash as well. I've been following this other popular investor on Youtube and this is the method he uses to acq...

Hello,New to the group but learning a ton and interested in feedback from others especially tax professionals. I'm considering partnering on a flip in Southern California. I have a regular 9 to 5 but know someone in r...

What are all your thoughts these days? 

Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...

I received a tip from a friend that taking my properties and incorporating them into a c corporation is the best tax structure for me.  I've got a full time job and, for now, the rentals are supplemental income/retire...