Hi All! - Has Anyone utilized Bonus Depreciation on their rental property? - Did you use a Cost Segregation Study or did you do it yourself? A bit of background: Generally with real estate.. you deduct the loss of an ...

What is your HELOC strategy? I have two rental properties and I’m tempted to find a bank to open an equity line of credit so I can expand my portfolio. However, some investors I talk to say that is too risky. Others s...

How does a new LLC purchase rental property w/o credit history? Or better yet, how do I get around this obstacle?

I am looking into purchasing a 4 unit in Ohio as my first property. When we viewed the property it appeared that the water meter is not connected. We requested utility bills and after some time finally receive them. I...

I had two questions on my first rental property that I recently bought1. Can I deduct the closing cost in my rental property taxes for 2023. I just bought it in Nov 20232. To buy this property I had taken out a fixed ...

Hi.I just got the sewer inspection report back and it doesn’t look good, but maybe it is something ok and I got worried.Would love some opinions and recommendations on what to do, I have a inspection contingency but i...

Ok so we closed yesterday on a duplex building considered a condo and there in an association. Obviously we made sure with them prior to purchasing that we have full intentions of renting it out. The rules say that’s ...

Hey, My question concerining the proof of fundsi in a short sale transaction. Will the lender be requiring to see proof of funds to make the note current or proof of funds to purchase the entire loan? How can the end...

I'm considering the purchase of a backup power generator (we are in the land of the occasional tornado, hurricane and ice storm here and outages aren't uncommon).  I have picked a portable tri-fuel model which I inten...

I apologize first of all if I am not on the right forum .

I currently have a mortgage on my primary homestead and i own a rental property which is next door. I own the rental property free and clear.

My dreams have...