Readers should seek professional advice.

Your IRA can borrow, but you have to be careful to not personally guarantee it.

Great tenant that always pays on time - been there for 5 years Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

They don't seem to care about their customers and the tax department is the worst.

I am currently a junior business marketing major with a concentration in professional sales at Samford University.

In our experience, a well-vetted VA can help streamline deal sourcing, initial due diligence, and administrative tasks—allowing investors to focus on strategy and decision-making.In our team, we take pride in hiring professionals who truly understand the nuances of the industry.

Legal and Regulatory HurdlesReal estate transactions involve legal complexities that can overwhelm newcomers.Solution: Learn about legal requirements early on and seek professional advice when needed.

You have to complete Schedule E if you have rentals.You should check if the turbo tax premier version allows the filing of Schedule E.With that said, using a software like Turbo Tax will assume you to understand what is deductible.If you work with a tax professional, you are more likely to have an accurate return.

Bulldozed the house and plan to build a new house on lot in the future Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Marcus Stokes Starting your first fix-and-flip can be exciting but requires careful planning.