Is there a "general rule" for the number of units where it makes sense financially, to use a Property Manager (PM)? For instance, 5+ units use a PM? I am looking into making the move from a SFH to a Fourplex. I und...

Hello Everyone!
So we are trying to start getting our ducks in a row before we start shopping for our first property. I don’t want my wife and I to fall in love with a deal and jump on it before we have everything r...

I have been told by a number of CPAs that it's fine to go either way whether to list properties I purchased and have invested/rehabbing them, but have not yet sold in 2019 tax year. Either list them under inventory on...

I started writing this post last week, but the banking errr.. financial 'crisis' of 2023 (and make no doubt about it, that's what this is) has been 'evolving' so rapidly I had to delete what I was going to post to sta...

Is anyone using this new service to unify telephone numbers, etc.? If so, would love to hear your reviews. I signed up and have a new phone number but before I go "live" and let everyone know via email and business, ...

Hello everyone, I have one single family home as a rental property that I purchased in March 2015.  It cash flows on a monthly basis pretty well and I was just wondering what I can do to maximize deductions on my 2015...

Hey there. For the past few years, I've been working for my family, managing their properties pretty much full time. However, I wasn't reporting any of the income I made. I'm wanting to get started in out of state inv...

Hi all,As a newer landlord I wanted to reach out and get some advice on a topic. I have a single dwelling home in Texas that is for rent. I was approached by an assisted living company to lease out. They would put two...

Hi I'm setting up an entity for flipping in California.  I was only planning on maybe 1-2 flips by the end of this year (so far there are 0 and next year may be more)I've seen different ideas as to this as I'm a small...

Hello BP,I'm running into a road block trying to purchase a rental property and taking ownership with a new LLC, while guaranteeing the loan with my W2 income.This is not something that I foresaw having an issue with ...