USTaxAid Services

We just heard from one of the purchasers of the IRS Survival Guide for Real Estate Professionals with Real Estate Investors, available through www.TaxLoopholes.com. He’d already gone through the tough Real Estate Professional audit with the IRS audit teams for 2005, 2006, and 2007. He’d had everything denied. He hired an expensive attorney and he ...

It’s tax filing season again and that means a lot of real estate investors are struggling with how to report real estate losses.   The sad fact is that real estate that you own and hold with a loss is a passive loss.  At best, you participate in its management so you can claim a ...