Showing posts with label real. Show all posts
Showing posts with label real. Show all posts
Wednesday, October 23, 2024

Whose Job Is It Anyway?

›
One of our accountants asked me recently: R:       Do you think [so and so] qualifies as a real estate professional? CTG: I do not kno...
Monday, September 30, 2024

A Real Estate Course – And Dave

›
  The case made me think of Dave, a friend from long ago – one of those relationships that sometimes surrenders to time, moving and distance...
Sunday, August 18, 2024

Renting Real Estate And Self-Employment Tax

›
  I was looking at a tax return recently. There was an issue there that I did not immediately recognize. Let’s go over it. The client is...
Sunday, June 5, 2022

Qualifying As A Real Estate Professional

›
  The first thing I thought when I read the opinion was: this must have been a pro se case. “Pro se”” has a specific meaning in Tax Court:...
Saturday, April 23, 2022

A Model Home As A Business

›
  What does a tax CPA do a few days after the filing deadline? This one is reviewing a 17-page Tax Court case. Yes, I would rather be wa...
Monday, March 7, 2022

Taxing Foreign Investment In U.S. Real Estate

›
One of the Ps buzzed me about a dividend item on a year-end brokers’ statement. P:       “What is a Section 897 gain?” CTG: It has to d...
Sunday, August 9, 2020

Don’t Be A Jerk

›
  I am looking at a case containing one of my favorite slams so far this year. Granted, it is 2020 COVID, so the bar is lower than usual. ...