I’m confused, if a depreciating asset wears out early. Carpet is depreciated over a five-year period, what happens if your tenant destroys it in year two? Do you take the rest of the value of the carpet and depreciate...

Usually when a tenant leaves a mess in a rental, I take it on the chin and clean it up, keep the full security deposit, and move on. They never leave a forwarding address anyway (if the property is a mess). The questi...

What amount is considered income on house flipping for tax purposes?I purchased a home for cash-no mortgage for 25k put 25k in repairs in and sold for 79k, net 71k. How can I defer or decrease the taxation on income. ...

I was curious if anyone wanted to chime in on Larry Fink, Ray Dalio or at least being willing to read my opinion on these guys.  Lol (I got to vent baby)!I don't see how anyone could defend what BlackRock or Dalio are...

Big development in the fight against the "cartel". Would love to hear everyone's opinion on this ruling.
http://builditconcrete.com/cou...

Anyone have experience buying an REO as your replacement property in a 1031 exchange? The language that has to go into the buy contract allowing the 1031 will probably not be allowed by HUD or FNMA. Any ideas?

I admit that I am freaking out a bit about a problem I have run into. I consider myself pretty experienced in REI. I have bought dozens of properties at sheriff sale and researched 1000's and I am in the middle of a...

What are the pros and cons of landlording as an LLC?

I acquired the tax certificate in 2017, and acquired the tax deed in 2020. The quiet title was completed January 2021 but Fidelity National Title will not provide insurance until I've have the tax deed for 3 years. An...

I talk to many seasoned investors and it still amazes me how many people are paying for motivated leads. No one is waiting for a cold call or a mail in the letter asking them to sell their house. When people have a pr...