I bought a flip for 60k i sold it for 95k 5 months later the rehab and holding costs were 9k, where do i show the profit? on a schedule D? thanks, also My friend and I bought a property together, we rent it out, do we...

Hello all,Since California RE is getting out of hand, I decided to do a small investment in Schaumburg/Hoffman Estate area. Can you please chime in if this is a reasonable investment in that particular part of Chicago...

Hello everyone! I’m a Marine veteran who has spent most of my 15 year professional career post service in project management across multiple industries like aviation, hospitality, tech, and CNC machining. Over the pas...

I had a lead come in today regarding a 3/2 1500 sqft home.  I will be going to walk the property in the next few days, waiting on the owner to schedule a time with the current occupants.  The property has an in the gr...

For those who have rental properties, can you mention what costs you generally cover for your tenants?  Do you cover items such as lawn maintenance, extermination, alarm and cable services?Also, do property management...

Hi all, 
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...

I am attempting to submit an offer on a property. Can anybody help me figure out how to factor budget in a moldy basement? The entire basement walls are covered in mold spores and it seems like there was water damage ...

Hello
I am a novice investor and wanted to understand when is a 1031 suitable to do and whether sometimes it is more suitable to just pay the taxes especially with the current uncertain economic environment and gover...

I have a question with regards to the extent of rehabs for the seasoned flippers here.

In my area of New England we have a tremendous amount of older homes, and a lot of the homes I'm coming across have some ...

Hello, I'm 24 years old and a college graduate that is looking to get into real estate investing. I specifically want to get into buy and hold investing and I want to implement the BRRRR strategy. I have great credit,...