@Renee LeFevreTo rent out your basement, follow these steps: check local regulations, prepare the basement with separate entrance, screen potential tenants, draft a lease agreement, set the right rent price, consider tax implications, update homeowner's insurance, and build a positive tenant relationship to attract quality renters.Good Luck!

With many kids and adults today hiding behind social media and having trouble communicating, we have found some significant growth and added value with having him do this.

My biggest recommendation is to look on social media and see who the “big” players are for investor focused teams in your area.

Wholesaling is a mirage that social media and fake gurus make seem easy when in reality, most fail miserably and spend their money on one month of marketing when everyone knows it takes six to eight months of cross-platform marketing to make stuff happen.My best advice is not to wholesale.

The best strategy depends on your goals, but here’s a breakdown:Selling outright would result in paying capital gains tax and depreciation recapture, but since the appreciation is minimal, the tax impact may be relatively low.Gifting the property to your son could potentially allow him to sell it with a lower tax rate, but since he hasn't used it as a primary residence, he won’t qualify for the exclusion of capital gains tax on a primary residence, and you'd need to account for gift tax implications.1031 exchange could defer taxes, but you would need to purchase a like-kind property of equal or greater value and meet all the IRS requirements.

At this point with Whalen the fall guy for the criminal activity its my opinion that Clayton and wife while going through a great deal of drama and trauma being the focus of so much civil litigation and public assassination on social media   will just live out their lives here in this country hardly any kind of exile.. 

Hello,My current flip will take longer than a year, about 18 months.  Can I still deduct all renovation costs from the profit in regards to paying taxes on the profit.  I have all cash in the property and for renovati...

Maybe call it something else since that's too easy to ridicule lol.I agree that finding a local mentor is much better than paying a social media coach/mentorship guru who is charging $500 (that's the cheapest I've seen) to over $20,000.

Are you willing to move to a completely new market and essentially "start-over" with your social life?

Maybe it's social media.