My wife & myself currently have 2 rental propertys of our own, and manage them ourselves. One of my best friends is currently buying a property to rent. Hes asked us to mangage his property because we are familiar...

Is it best to put rental properties into a trust vs LLC? If so - which type of trust account is best? Who's name is best to have the trust under? Are there any trust attorneys that would be willing to provide consolat...

Hey everyone I am in contract for my first deal and i have a problemHere is a basic rundown of the deal2 attached vacant townhouses for 250k each. The current market value is 300k-320k each but i got a good price when...

If you have a home office you use for your rental company and you go driving for dollars, can you claim the standard mileage deduction?

Hello,
Thanks to everyone in advance for the help. I've read several similar threads on this site looking for information, but I haven't really found my answer yet, so please excuse another post on the topic.
I clos...

How to look at your property like an investor is not always easy. You need to always treat your property like a business. I can say this because an investor myself who’s owned both Single and Multi-Family properties o...

Is there a way to ignore/block someone in the forums so you no longer see anything they write here?

I am thinking about approaching a contractor I know to work with as a partner. Something along the lines of, I supply the d/p and he does remodel on agreed upon investment property. What are my pros and cons? What kin...

Hello BP,
I am writing today because I have some concerns about a tenant of mine. She has suffered a stroke a couple months ago. She was hospitalized but her health has since improved some. She is able to walk around...

Hello everyone,We are nearing the end of our first rehab and flip project, and I was wondering how we go about writing off expenses for taxes. I was getting fairly clear on how to do it for rentals with division into ...