All Forum Posts by: Jennifer Panian

What information are you missing to provide guidance.  I would welcome your input on what we would need to do to qualify so that I can get this done in 2025.  thanks sir

Have a large taxable event this year. We have a single member LLC for REI. Husband is member. He has no other w-2 employment. Have a management company for a few of our sfh rentals. CPA suggested a commercial bldg > cost seg > tax loss. My question is can we still keep our management company for the sfh, purchase a commercial prop, husband work 750 hours in 2025 with the property that is not managed and still qualify legally to use the cost seg for tax loss as a re prof. Am I missing anything? I want to do it legit and want to check all the boxes that need checking. Thanks in advance