Awesome everyone - thanks so much for the help! I'll go with passive income. One last question: I have a quite sizable passive loss. Likely won't be offset by i...
This is what I'm trying to determine. Here's my situation, I own a real estate company that bought an office building and spent most of last year refurbishing t...
So I think I have two ways of approaching the Box 2 loss on my K1 form.1. Passive loss that will only reduce my passive income. This year I have no passive inco...
I would qualify as a real estate professional according to the IRS guidelines. I actively and materially participate in all aspects more than 750 hrs/year. If I...
