17 November 2025 | 5 replies
Does my wife's REP status allow me to deduct passive losses from the 2 rentals properties against our active income, or does the fact that she does not materially participate in managing the rentals prevent us from doing that?
24 November 2025 | 5 replies
Most of our clients in similar situations don’t withhold once their real estate losses offset their W-2 income.
17 November 2025 | 5 replies
If one spouse qualifies for reps and materially participates in the rental activity, then all the rental activity should be eligible to write off any losses against active income to better help, can you describe how your mom is a real estate professional?
3 November 2025 | 6 replies
I thought it was an actual loss.
19 November 2025 | 10 replies
Outside of my professional pursues, I enjoy weight lifting, traveling, and trying new foods.
16 November 2025 | 45 replies
Then the government fattens our kids up with junk food, corrupts their minds with junk TV.
28 October 2025 | 12 replies
Quote from @Santos Lopez: I heard that there's a way to deduct short term rental losses against earned income (e.g.
14 November 2025 | 3 replies
They break in your tent and start eating your food - do you give them more food and let them lounge around or kick them out?
12 November 2025 | 23 replies
I would be in favor of a voting system directly correlated to the amount of taxes one pays.Example --- If you are a Section 8 / Food Stamp freeloader who pays $0 in taxes, you get zero votes.