Do I have to fill out Part II “Special Allowance for Rental Real Estate Activities with Active Participation” of form 8582 “Passive Activity Loss Limitations”?

I am married, and our combined AGI is $125,000.

We mak...

Our tenants’ lease just renewed in May for one more year. Just after it renewed, we found out that there are two unauthorized occupants, both with misdemeanors and additional pets. We asked one of the tenants to res...

Hi,Right now I only own one investment property and find myself already spending more time than I would like cataloguing my monthly utility receipts for the property. I deduct these expenses and want to have proof of ...

Can my IRA or 401k buy and sell cars and toys?

I'm revising my lease for signing with the first tenant in house #2, so this is a small-timer's question.  Does the security system alarm call your tenant's phone or yours?I've had a basic security system installed, a...

WARNING, long post! But i think I pose a very interesting question/topic for
disaster stricken properties if you make it to the end.

Hello, My wife and I have been presented with the opportunity to purchase a
piece o...

I am planning to get mortgage for purchasing multi-family property upto 1.5M and wanted to know what would be the best options. PML are giving very high interest rates of 10% plus. I have good assets with me just not ...

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All, This is my first time using the rental calculator here. I have a Cleveland OH ...

I have an eviction case against a sec8 tenant which prevails in the precinct court, but the tenant appeared to county court. Yesterday I got the letter from her attorney appointed from the court, saying I owed her all...

If your tenant has notified you that they would like to remain in the property for another year and you have agreed that they stay via email a little more than 30 days before lease expiration, but when you ask when is...