Brett Dudley
Short term rental loophole then long term rental in the future
Hello, just closed on a new house. If i were to airbnb it out for the last few weeks of December, would i be able to use the short term rental loophole to do bonus depreciation on the property (with a cost seg of cour...
Mark Buchheim
I am in CA but properties are in OK
I live in Los Angeles, CA and I have 8 properties in Yukon, OK. The loans and title of the properties are under me personally. I have a CA LLC that I have run the income and expenses of those OK properties through. ...
Angel Ramos
Best entity for starting a real estate investing business with partner
Hello everybody I need some advice on how to start a partnership me and my buddy are trying to start a real estate investing business but we do not know how to structure it properly. Any advice? We will most likely be...
Arda Bircan
Material participation hours for STR Tax Loophole
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 ...
Michael Turner
STR Material participation requirements for married filling jointly
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...
Alex Silang
LLC registered in STR state or home state?
For those with LLCs, did you register it in the STR state or home state?
Jonathan Small
DIY or hire help for taxes?
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...
Layne T.
Cashing out 401k for Rentals?
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...
Menalik Archer
Business Credit converted to Cash for Down Payment
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...
Hyung Lee
Partnering on a flip
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...