Consulting with a tax professional can help ensure you meet all IRS requirements and maximize your tax benefits.

But there are also other brokerages that might be better, depending on what you want to do - as in, no big box places will suit what you are looking for.Reach out via DM if you want the info, it's a 12-page PDF that explains everything, but is a no pitch.

Hey Ali,Depends on the location, but I assume in Dallas it would be viable to add a bedroom into the duplex.

I would have owed about $70k in taxes.

Hi all,I purchased a two-unit home a few years ago as my primary residence with a conventional loan, and was told by an accountant that there is no reporting or extra tax forms I need to file as long as my tenant in the upstairs unit is paying less than the total of my mortgage.

Our neighbors in Maine have not paid their taxes in a few years.

Depends on the 1st step, need to work with the city for the appropriate permits Can you folks - please add/comment more on this.

It depends on what you are painting.  

You need to factor the cost of refinance (average $7K which may change depending upon the price of your home)

It will be done correctly every month and during tax time, you and your partners can easily have to CPA/book keeper issue 1099's and get your taxes filed on time with all the right deductions.