24 October 2025 | 2 replies
If the Census bureau classifies a zip code as low density, it is usually rural.
21 October 2025 | 9 replies
Should this be in the Classifieds?
17 October 2025 | 16 replies
Your CPA is likely concerned about the Personal Use Limitation, which is the biggest threat to the STR tax strategy.If you used the property for personal purposes for the greater of 14 days or 10% of the total days rented during the year, the IRS classifies it as a "residence."
24 October 2025 | 6 replies
For mentors and partners, you can ask them in the Classifieds page https://www.biggerpockets.com/forums/517
24 October 2025 | 10 replies
Understand How the IRS Classifies YouFirst, you need to know what you are in the IRS’s eyes:If your average guest stay is less than 7 days, your property is considered a short-term rental (STR), not a long-term one.And that classification changes everything.Because STRs are often treated more like businesses than passive rentals — which means more deductions, more flexibility, and even potential for active loss deductions if structured right.2.
23 October 2025 | 11 replies
If your goal is to reduce taxes further, you may want to see if you or your spouse can qualify for real estate professional status or meet short-term rental participation rules, and it’s always smart to double-check with a real estate-focused CPA how expenses are classified and how your passive losses are handled.
16 October 2025 | 2 replies
Quickbooks online has a robust reporting platform, and although not made for real estate investors directly, if you classify each property correctly and set up a system from the start, you will be able to reconcile per property using the amortization schedule and provide a clean monthly report for the investors.A good bookkeeper will be worth their fee when scaling a portfolio.
17 October 2025 | 2 replies
This should be in classifieds.
27 October 2025 | 0 replies
Some web searching has brought "Property Managers Inc." and "Integrity Pro" to my attention.
26 October 2025 | 3 replies
Hi,how to set up property alerts around a zip code about 20 miles radius using free web site.