My partner came upon a possible short sale deal today totally out of the blue. Found a homeowner who has received an eviction notice after living a house for 4 years. Said his monthly payments went from $500 to $900...

I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks or deductions?

If one sets up a LLC and takes a salary/dividend split via their LLC does all of the money get counted to determine eligibility to continue to receive social security payments? Or....does just the salary portion get ...

My younger brother will likely be doing some of the general labor around my first rehab project. He is going to likely be using some of his hours towards his internship program at school to graduate. I'm curious, wh...

Land trust holds property, LLC is the beneficiary. Are rents paid to the trust? Is this paas through, on tax return, like an LLC? Property insurance in the name of trust or LLC?

thanks

I just bought a SFH through my LLC and I'm still not sure if I'm going to flip it or rent it. One thing weighing on my decision are taxes.

If a single-member LLC owns a property, rehabs it, and sells it, are the prof...

I found a lead in which property owners are deceased. The grandson which also claims to be "adopted" by his deceased parents is now living behind the home in a vehicle. He clearly has a drug problem. The house has bee...