Selling an investment property can feel like a double-edged sword. While it's exciting to cash in on a successful investment, the looming capital gains taxes can significantly cut into your profits. For savvy investor...

I'm entering into a partnership with a wholesaler for flipping houses. Our target is turn-key properties needing very minimal, if any, work. For example, he has located a property that negotiating with the owner he ca...

I bought a house that had hidden, but major termite damage.  I got it at a great price.  And I should have turned right around and sold it at a fire-sale price, accepting my loss up front.  Instead, I held onto it for...

hello everyone,I am trying to find the right tune between cost of premium and coverage. It's my first rental property so I am just asking for advice that might sound stupid but I will do it anyway :-)The general quest...

Just completed my 2nd deal, both of which were reno's and now rentals and currently working on my 3rd. My wife and I both have strong W-2 incomes and our first 2 deals we paid for with cash under our names. We've sinc...

Do I have to agree to allow a tenant who is notifying me of intent to break lease agreement find a replacement tenant? The lease does not have a clause allowing tenant replacement.

Hi guys,

Had a few questions regarding recapture tax and was hoping someone could help.

1) Recapture tax is a federal rule/law and not at the state level correct?

2) Will you owe recapture tax whe...

Hello,My insurance premium increased by 12% this year, I did not raise any claims last one year.When inquired the agent replied back and mentioned it’s “normal”and quoted premium increase is also the coverage increase...

-Tenant moved-in on March 2019 and signed a 1 year lease-Tenant just received a promotion which requires him to relocate-Tenant wants to terminate the lease earlyHow have you handled this situation? 

About 20 months ago, I bought a turnkey property in a C class neighborhood in St. Louis, MO. Despite it appraising for the purchase price, I likely overpaid. In September 2023, the renter stopped paying, leading to ev...