I am a longtime landlord that has normally just rented my unit to individuals after I complete my normal background and credit checks.  Then I have standard 12-month lease that covers me and my condo appropriately.  I...

Hello,I have a simple beginner question about depreciating a building. If I purchase a property for $335k, and according to the county website the value of the property is $290,900 with the building having a value of ...

So i bought my first home about 3 years ago.  Did a live in flip and am looking to sell it.  With the way the market is, I'm thinking about renting instead of buying.  I've got a loan on my truck that I'd like to pay ...

Below is a question I have asked my accountant, but haven't really been able to get an answer that I can comprehend.  Generally I am trying to understand whether it makes sense to capture renovation costs at the sale ...

I currently own an older rental property. The lease has ended for my tenants and i want to move into it for about a year to renovate it, and later rent it out again at a higher price. Am i able to write off any renova...

I work in finance and do my own taxes as its normally pretty straight forward. I did however just refinance an investment property to take advantage of the lower rates. I understand underwriting fees, title fees, reco...

Hi- I own an SFR investment property that a family member helped me rehab. I own the property in my name. Question - can I 1099 my family member for helping me rehab the property and increase my cost basis and reduc...

The recent article regarding BARRRR is very interesting written by Brandon Hall. One question I had in mind if anyone could answer is what would be considered as "In-service" for 2-4 units. If I had a duplex and one u...

Hello,
I am new to analyzing deals using the rental property calculator. I understand why most of the information is needed, however am trying to understand the need to enter in expenses (such as electricity, gas, an...

Apparently, there are 18 states that face this possibility. He wants to "code" the ammunition for sale, allowing bullets to be removed from certain areas, where designated necessary. Forget about your guns, hes simply...