I am getting prepared for taxes and I'm reviewing many of my expenses for a property in the last year.Do I need to categorize my home depot and Lowes expenses based on whether the item was purchased was used for a rep...

alright i found an ad from a developer that is selling a 2 family in my area. Now I live in what would be considered an upper middle class neighborhood that is in a booming area with a very nice school district.... N...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $95,000

Cash invested: $63,000

Sale price: $275,000

Older home. Fix and Flip. Full gut to studs. Everything new...

What are the must-know formulas that long-term (rentals) investors must know? For an easy example, everyone needs to know cashflow, which looks like:Cashflow= Rent- all expenses and reservesI started investing and edu...

Quick question here.  If I open an SDIRA, how much of the balance can be used for investing?  Can I invest it all and have a zero balance, or will I need to keep a certain amount in reserve?

Hi all,I started a LLC in 2018 and didn't make any money on it.Do I need to list that on my tax returns?Thanks,Ben

I have a local property manager and he charges me a flat fee per unit which covers all collections, interactions with tenants, minor repairs, new tenants, and assisting on evictions.  How do people normally track expe...

Hello! I attended a couple of property workshops a few years back where the "gurus" emphasized the importance of holding properties under LLC to minimize the risks of losing your other assets in case someone or some t...

Hi BP,

I just closed on a duplex which I am house hacking. I wanted to know if I make upgrades to the unit that I am living in can those expenses be claimed on my taxes?

Compare 30 SFH to a 30 unit apartment complex are very different. 30 roofs vs one large roof. So my question is, does the 50% still apply?