The tax limits generally deductions for passive activity losses (PALs) from real estate unless you can qualify as a real estate professional. To measure up, you must be able to prove that you spent enough time on your real estate activities. In a new case, Sezonov, TC Memo 2022-40, 4/20/22, the taxpayer came up short, even with the Tax Court giving him the benefit of the doubt.
Some people may be asking a very important question these days … “Is it too late to invest in real estate?” We bring in real estate superhero Ken “Multi-Man” McElroy to discuss this dilemma as we consider whether or not it’s too late to invest in real estate. Ken is a multi-state, multi-decade multifamily real …
Indianapolis Metro Market Growing Demand AND Great Cash Flow!This winning market is worth digging into … No matter what happens with the global economy, people will always (as far as our crystal ball can tell) need a roof over their head. We’ve said it before and we’ll say it again … Cities with large, economically …