John T. Reed’s real estate investment blog

I got this email from WindyCampbell@mindspring.com.Just last week, the IRS issued Revenue Procedure 2019-38 that has a safe harbor allowing certain interests in rental real estate, including interests in mixed-use property, to be treated as a trade or business for purposes of the qualified business income deduction under section 199A of the Internal Revenue Code. If all the safe harbor requirements are met, an interest in rental real estate will be treated as a single trade or business for purposes of the section 199A deduction. If an interest in real estate fails to satisfy all the requirements of the safe harbor,...

Here is a letter from one of the subscribers to my newsletter: Dear Mr. Reed, Congratulations on your decision to retire from the newsletter business. It is with great reservation I am writing what will be my last check to you for your valuable monthly insight on real-estate matters. I would like to personally thank you fro your guidance in my career, I have looked froward each month for the arrival of your collection of your valuable thoughts. I will continue to recommend your fabulous books in the future to novices and professionals alike. The title that began my journey...

My book Checklists for Buying Rental Houses and Apartment Buildings just arrived and is now back in stock. .

This Trump tax stuff is maddening. Today’s Wall Street Journal has an article written by John D. McKinnon and Laura Sanders. (“Tax Benefits Flow to Rela Estate”) My strong impression is they are either dishonest or incompetent or both.It says,“Racking up huge losses…isn’t that tough…thanks to the considerable benefits of the U.S. tax code confers [on] the highest levels of the real estate world…”I have no idea what they are talking about and I wrote Aggressive Tax Avoidance for Real Estate Investors, 19th edition. http://www.johntreed.com/…/aggressive-tax-avoidance-for-rea…First off losses just means spending more than you take in. You do not need the...

Index Symbols 000  82 $1 million insurance policy  74 $10  82 A abandoned vehicle  104 abandonment  104, 117, 230, 234 abbreviation  55 absence problem  20, 106, 117, 187, 188, 217, 235 absentee landlord  74 Absentee landlord  163 absentee managers/owners  124, 215, 216, 217, 218 accidental damage  74 Accredited Adviser in Insurance (AAI)  206 Accredited Resident Manager Profile  176 acknowledgment of notice  75, 76 actual cash value  201, 205 address correction requested  231 administrative hours  177 advertising  20, 21, 22, 24, 37, 53, 54, 55, 56, 57, 60, 62, 63, 64, 72, 75, 89, 90, 97, 98, 103, 111, 117, 130,...