All Forum Posts by: Rohullah Sharifi

Investment without risk is next to impossible or put the money in CDs. In read estate, create an LLC, buy it under the LLC, make business separate e.g. accounts, books etc... Seek proper realtor services, do growth potential surveys, visit different localities. This minimize the risk to certain points.

You can do Cost Seg in 2025 and recapture it through 3115 form for 2024 as well. 

Reviews are positive feedback that can help businesses. However, sometimes points like facilitations for elderly and modification is costly, specially for newly investors in Airbnb. I am a licensed RCAL Administrator and exactly understood your point of view. 

If we look it from the investor point of view, would be different due high capital requirements.

This is the gray area that can benefit tax wise. As this qualifies for non-passive income. However, if have high W2 income and other incomes, proofing your involvement is crucial. Maintaining logs is highly important as the IRS scrutinize STR/LTR for any shelter and misuse.

Oven is mostly needed, if you could get both would be great, otherwise, oven is better to install

I would add that real estate in terms of risk is better due to stock can go through ups & downs that might lead to higher losses.

If lower than market price, and this is an audit lottery. if you claim business rent, then must show rent income. can claim the deduction of utility etc... as well.

this was a nightmare that I gone through. Bought a property next door, would be the same, without inspection, that cost me lots money to repair.

rental is good to generate income and its benefit to you is the depreciation part that take it to losses. Even though, it's passive income if you don't "materially Participate". short term rental and Airbnb is not passive income and you can get the benefit of nonpassive income.

create an LLC, buy it under LLC. participate actively to benefit for nonpassive income options.