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Not Good For Real Estate Loss When Tax Court Judge Says Purports

Not Good For Real Estate Loss When Tax Court Judge Says Purports

Originally published on Forbes.com July 24th, 2013 Real estate pro status is becoming the impossible dream of taxpayers throughout the nation.  The Tax Court decision in the case of Jesse and Patricia Bugarin is a real frustrating example, because I can’t help...
Real Estate Pro Status Does Not Mix With Full Time Day Job

Real Estate Pro Status Does Not Mix With Full Time Day Job

Originally published on Forbes.com July 18th, 2013 So you want to be a real estate professional.  That is the wish of just about everybody who loses money on their rental properties. Starting this year, thanks to the 3.8% Obamacare tax, it will become the wish of many...
Court Of Claims Cuts No Slack On Filing Deadline

Court Of Claims Cuts No Slack On Filing Deadline

Originally published on Forbes.com July 17th, 2013 If you disagree with the IRS when they tell you that you should pay more tax, there are two approaches once you are done appealing within the IRS.  You can file a petition with the Tax Court.  There is a pretty tight...