The American Rescue Plan Act was recently passed, providing billions in economic stimulus. Landlords and tenants can now access various rental relief programs that were contained in the bill. These…
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Legal & Taxes:
![What is an eviction notice? [+ state-by-state resources]](https://wp-assets.stessa.com/wp-content/uploads/2021/02/03094559/pexels-bich-tran-846288.jpg)
What is an eviction notice? [+ state-by-state resources]
It’s a fact of life in the rental property business that sometimes, despite a landlord’s best efforts, a tenant will need to be evicted. In the current pandemic times, evictions…
Pass-Through Deductions and Casualty Losses [2021 Update]
While not technically related, pass-through deductions and casualty losses can easily confuse even the most seasoned landlords. This article explains how and if you can take advantage of these tax…
Understanding Passive Activity Limits and Passive Losses [2021 Tax Update]
As a rental property owner, it’s not uncommon for your properties to produce a net loss for tax purposes thanks to depreciation and other operating expenses. The treatment of these…
Key 2021 tax deadlines & check list for real estate investors
Tax time is right around the corner, and for real estate investors the time is now to start organizing your business and documents to be as efficient as possible. Part…
Real estate tax strategies for 2021 [+ the new real estate professional status]
We’ve covered the basics of taxes for real estate investing over the past month, including deductions, 1031 exchanges, business travel, and more. In fact, we even teamed up with the…
How to Invest in Opportunity Zones and Avoid Capital Gains
It’s simple: the Qualified Opportunity Zone (QOZ) program encourages real estate investors to put their money to work in low-income areas in the U.S. by offering significant tax benefits, thus…
6 Steps to Understanding 1031 Exchange Rules
Savvy real estate investors know that a 1031 Exchange is a common tax strategy that helps them to grow their portfolios and increase net worth faster and more efficiently…
Business Travel Expenses for Rental Owners [2021 Update]
In general, business travel expenses must be considered both “ordinary and necessary” to be tax-deductible. Ordinary means it is common and accepted within the trade or business. Necessary means it…
