Are you worried about a real estate professional audit? You maybe should be if you’re using the real estate professional designation to sidestep the passive loss limitation rules… The IRS sees a real estate professional audit as an easy win. Let me, therefore, briefly describe how the real estate professional designation works for tax purposes. And […]| Evergreen Small Business
Use ths short-term-rental depreciation deductions calculator to estimate the tax deductions you may get in the first years of ownership.| Evergreen Small Business
§ 1.469-1T General rules (temporary).| LII / Legal Information Institute