Hi,    I have an LLC I can run income through, in years past I have never "paid" myself a management fee for self managing our rental properties as I had never wanted to pay the additional self employment tax.  With t...

Looking for advice from those with experience: We manage a small multi-family property, and we have a strong suspicion of drug use in one unit. So far, there has been no disturbance to the community, but we want to ge...

I would love to hear some thoughts on if investors are still buying and actively putting properties on the market, or waiting until all of this blows over.  I've had several active buyers wanting to wait for various r...

I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A. During that process, I came across the item below which appears t...

I'm doing a cash-out refi on a rental and lender required a full appraisal. Tenant is refusing entry due to COVID-19 shelter in place even though this is considered an essential business activity.  And the sheriff wi...

Here we go again:https://caanet.org/votervoice/

A new legislative proposal in response to COVID-19 would force every rental property owner in California to reduce rents by 25%.
AB 828 by Assemblyman Phil Ting igno...

What are the general tests for material participation? This question comes up all the time. As tax professionals, we want to get the word out for those considering a real estate professional designation.

Ok. Here we ...

We have a VA who has been working for us the last 9 months for 10 hours / week. She’s looking to add 20 hours to her work week but we’re pretty small and not looking for acquisitions at the moment, so we don’t really ...

I have a question about California contract how it works. I put an offer on the one commercial property. it is a dual representation(same agent for buyer and seller). the seller accepted the offer. I deposited the mon...

Hey guys, how does taxing a trust works?
Lets say there is a paid off property in a trust that is worth 100K, and brings 1K per month per rent. So its about 12K per year in rent. But, lets say we spend 2 k per year i...