This is actually my Grandfather's property that I am trying to get him a monthly cashflow since he is now in an assisted living situation. He gave me the property (through a Quit Claim Deed) but his name is still on t...

hi all,

i am new to this site and also to rei. i have been immersing myself in information and educational materials about different aspects and types of rei, and came across yet another "product" that may be worthwh...

When a house is listed as "foreclosure" on MLS, what exactly does it mean? The other categories include "short sale", "pre-foreclosure", and "REO", so they are not referring to the same type of listings. And almost 8...

I have some fun accounting questions I'm hoping someone can answer.

So I'm pretty sure when I purchase a house to flip, it is recorded as inventory, then expensed as cost of goods sold when the house is sold....

This year, the company I was working for was acquired. As a part of the acquisition, all my stock options were accelerated and paid out as cash through payroll. This payment will leave me with about $600,000 in W-2 ...

I am a homeowner in Portland, OR, but moved to Washington State in 2022. I began getting the home ready to rent out in the fall of 2022. I bought tons of furniture (the intent was a furnished home) and put up ads. I'd...

As a CPA focusing on real estate taxation, I frequently encounter property investors excited about cost segregation studies. And why not? The promise of accelerated depreciation and immediate tax savings is attractive...

This is a hypothetical situation. Billy has a day job earning $100,000 per year in California. He wants to build a real estate empire in his local market as the king of residential real estate (1-4 units). What value ...

Met with an Asheville, NC attorney today to establish a potential relationship for future closings.  When we mentioned the various types of transactions we might be bringing, this attorney proceeded to condescend to m...

I'm too new to try to use private money to fund deals. I'd rather not take that risk with OPM at this stage. Aside from owner financing, what other options do I have to purchase properties when my DTI is creeping up?*...