article thumbnail

You Might Be Owed a Tax Refund—But the IRS Will Keep It If You Miss This Hidden Deadline

American Apartment Owners Association

Email: jason@malabutecpa.com Website: [link] Instagram: @realestatetaxpro_official Jason has been in the accounting industry since 2013. Since 2019, he has built a diverse portfolio that includes out-of-state rental properties, single-family homes, and large multi-family deals. About the Author: Jason Malabute, CPA Questions?

article thumbnail

How to Obtain “Real Estate Professional Status”: A Major Tax-Saving Opportunity

American Apartment Owners Association

At its core, this status allows investors to reclassify their rental property activities from passive to non-passive. Without REPS, the depreciation and other losses from your rental properties would only offset income from other passive investments. Normally, passive losses can only offset passive income.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Obtain “Real Estate Professional Status”: A Major Tax-Saving Opportunity

American Apartment Owners Association

At its core, this status allows investors to reclassify their rental property activities from passive to non-passive. Without REPS, the depreciation and other losses from your rental properties would only offset income from other passive investments. Normally, passive losses can only offset passive income.

article thumbnail

Vacation Rental Host Mistake: Not Automating Everything You Can

Beyond

FREE REPORT The Rise of the Stays Industry Get It Now All posts Vacation Rental Host Mistake: Not Automating Everything You Can RACHEL SCOTT October 20, 2023 As a host, one thing you need to understand is that competition among short-term rental properties is incredibly high. ‍ Want to know more host mistakes? No items found.

article thumbnail

Real Property Management is Growing Growing Growing…

Real Property Management DC Metro

The Real Property Management DC office will manage all rental in the DC Metro area. With a staff of 3 and multiple other vendors, we are ready to assist investors with their rental properties. Weather your property is vacant, occupied, need maintenance, or you are looking to buy investments, we can help.

article thumbnail

Los Angeles Property Owners Ask: What Are the Dangers of Lead Based Paint?

Real Property Management Choice

In 2013, the Department of Housing and Urban Development reported that 24 million homes across the nation have either peeling and chipping lead based paint and/or contain elevated levels of lead dust. It doesn’t matter the age of a person–it has been proven that exposure to lead based paint is dangerous.

article thumbnail

Text a Property Manager (614) 810-4269

RL Property Management

Are you a landlord, investor, or simply curious about property management? Navigating the ins and outs of managing rental properties can be challenging, especially with local regulations, tenant interactions, maintenance, and financial considerations to juggle.