I'm a newbie in the RE investing world, but I've been working in the world of property tax for 17 years. Just wondering if property owners here retain property tax consultants or attorneys to help fight increased asse...
Hi MN investors!It seems that there are not very many active BP members in the Saint Cloud, Minnesota area. I am looking to meet some of the investors in the St. Cloud area. I know there are investors here but I haven...
Hi All,I am looking to get input from people who file their tax return using the Professional Real Estate Status. Specifically, I want to understand how you track your daily activity and to what level of detail? Are t...
Does anyone have any good recommendations for a tax professional that knows real estate/multifamily/airbnb?
Hello everyone, Every year I keep having problems and issues with the tax person I’m working with it every year I have to find a new one. I have even had situations where I had to amend my taxes because the tax person...
Hello everyone!I'm knee deep in an lengthy rehab on my first BRRRR deal ever, in Sellersville, Bucks County PA.The project started in late February, DAYS before the pandemic came around. Talk about good timing... Anyw...
Hi, my wife and I started an Airbnb in Sacramento, CA, this year and are new to real estate investing. According to our understanding:1) California does not recognize REP status, but we could claim it on our federal t...
Any recommendations on the most efficient way to track your time when classified as a real estate professional? My accountant wants me to start doing this in the event of an audit being I’m starting larger projects an...