Understanding Material Participation Rules for Rental Property Owners
If you own rental property in the U.S., it’s important to understand the IRS’s material participation rules. These rules decide
Materially Participate in a Rental Property: Tax Benefits and Pitfalls
Managing rental properties offers tax perks, especially if you’re actively involved in the day-to-day management, also known as “material participation.”
What Does It Mean to Materially Participate in Real Estate?
Material participation is an IRS rule to check if you’re actively involved in running a real estate property or business.
How to Handle a Notice of Deficiency for Your Rental Business
Getting a Notice of Deficiency, also called a 90-day letter, from the IRS can be stressful when it’s about your
What Are the Benefits of Real Estate Professional Status for Tax Purposes?
If you’re a real estate investor in the United States, earning Real Estate Professional Status (REPS) with the IRS can
Rental Property Income Tax: Why Active or Material Participation Matters
When dealing with rental property income tax, the amount of tax you owe and the deductions you can claim depend
A Complete Guide to Materially Participate: What You Need to Know
The idea of “material participation” is important for anyone involved in rental properties for taxes purposes. The Internal Revenue Service
How to Get Real Estate Professional Status: A Simple Step-by-Step Guide
Obtaining Real Estate Professional Status (REPS) is an important goal for many real estate investors, as it allows them to
What Is Rental Property Depreciation and How Does It Work?
Rental property depreciation is an important yet confusing topic for landlords and real estate investors. Understanding the concept can help