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Real Estate Owners

Tax guides for property owners and investors: 1031 exchanges, real estate professional status, short-term rental taxes, and foreign ownership of U.S. real estate.

Choose a topic from the list to see related guides.

Compliance & Reporting

Short-Term Rental Taxes: What Airbnb and VRBO Hosts Owe in Florida STR hosts face income tax, self-employment tax, Florida sales tax, and county tourist development taxes. Most platforms collect some but not all of what you owe.

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Planning Strategies

Capital Gains on Selling Your Home: The Section 121 Exclusion Most people can exclude up to $250,000 of gain on a home sale, or $500,000 if married, but only if they pass the ownership and use tests. The exclusion shrinks fast for former rentals, second homes, and anyone who moves too soon.

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The Short-Term Rental Loophole: How High W-2 Earners Use Real Estate to Cut Their Tax Bill Short-term rentals are not treated as rental activities under the passive loss rules. If you materially participate, the losses, supercharged by bonus depreciation, can offset your W-2 or business income without needing real estate professional status.

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Real Estate Professional Status: How to Unlock Unlimited Passive Loss Deductions REPS lets real estate investors deduct rental losses against ordinary income with no cap. Here's what the two-part test requires, what documentation survives an audit, and when it's worth pursuing.

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1031 Exchange Guide: Defer Capital Gains on Real Estate A 1031 exchange lets you sell investment property and defer capital gains tax by reinvesting in like-kind property. Here are the rules, timelines, and common pitfalls.

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International & Treaties

FIRPTA: Foreign Sellers of U.S. Real Estate FIRPTA requires buyers to withhold 15% of gross proceeds when a foreign seller disposes of U.S. real estate. Here is how the withholding works, when certificates can reduce it, and how the sale is reported.

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Foreign-Owned U.S. Rental Property Foreign nationals with U.S. rental property often face a harsh default tax regime unless the Section 871(d) election and nonresident filing stack are handled correctly. Here is how the rules work.

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Section 1446 Withholding: U.S. Partnerships with Foreign Partners U.S. partnerships that allocate effectively connected income to nonresident partners must withhold under Section 1446 and file Forms 8804 and 8805, regardless of whether cash is distributed.

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