
23 June 2025 | 8 replies
Not sure on CA laws, but for us in PA-Check your current lease for any rent adjustment clauses.

24 June 2025 | 2 replies
.), you're often limited to $25,000 of passive losses per year—and that phases out completely if your modified adjusted gross income (MAGI) exceeds $150,000.Real Estate Professional Status (REPS) or the STR Loophole: To use rental losses to offset W-2 or other active income, you must either:Qualify as a Real Estate Professional (750+ hours, primarily in real estate) and materially participate in the property.Or, if it's a short-term rental (average stay under 7 days), materially participate (100+ hours and more than anyone else) to convert it from passive to non-passive—even without REPS.Standard deduction vs. itemizing: You mentioned your CPA said deductions didn’t help due to the standard deduction.

8 June 2025 | 14 replies
You can pick and choose what you want in your package, the air filters we don't do but there are plenty of benefits and we keep the price reasonable for tenants.

19 June 2025 | 2 replies
This board consists of local citizens who review appeals and can adjust assessments.

23 June 2025 | 6 replies
Adjust cautiously, and check with a tax pro before making big changes.This post does not create a CPA-Client relationship.

31 May 2025 | 1 reply
I’ve started adjusting my scope of work to keep up.Curious how others are adapting.

20 June 2025 | 6 replies
A good property manager is also an option if your husband doesn’t want to deal with tenants directly.Bottom line—yes, it takes some learning and adjusting, but the long-term financial benefits can be worth it.

17 June 2025 | 11 replies
What monthly benefit do you get out of it?

22 June 2025 | 39 replies
Cash flow is a risk-adjusted function of your equity.

6 June 2025 | 15 replies
They send an adjuster who will confirm/deny the cost.