Hello everyone!
I'm reading a lot about passive vs non-passive rental activities and cannot really find a clear explanation.
This publication from the IRS says:
1. "Material Participation: A trade or business activ...

I bought 5 single family rental homes this year so I have a lot of negative cash flow to report on taxes.  I'd like to declare myself a "real estate professional" as I'm on sabbatical from my W2 job this year and coul...

Hi BP. What advantages or what's the best way to take advantage of the MLS as an investor besides comps? 

I started this new thread because I wasn’t making myself completely clear about my tax situation. I have been told that since my wife has W-2 income that is well above 200K per year we have to suspend our real estate ...

I own a triplex and currently occupy one of the units (I may move out). I have a sophisticated W2 from a full time job (not at home). I would like to offer actively managed STRs for a year or two until the end of bo...

I just put in offers on my first two NPNs. The seller supplied recent BPOs on the properties and I "verified" them with values pulled from Trulia, Zillow, etc. Everything looked fine.After we agreed on price, I spent ...

We found new tenants that are active duty military. We gave them our standard lease and they subsequently came back with a request to add a clause to cover the possibility being assigned elsewhere.
I want to do t...

Hello all.  I apologize in advance for the long intro post and hope you will read through and provide some wisdom.  My name is Armando Pastrana and I am determined to start actively investing in real estate, but I am ...

Hi, in 2018 I moved some of my properties under my personal name to a single member LLC in the middle of the year. Should I be reporting rental income & expenses separately during the two time periods, (before and...

Living in a high priced market, I've accepted that I can't really buy/grow a portfolio at home.  In addition, I have access to a line of credit at a good interest rate.  I'm at a position in my life where I need/want ...