Hello everyone,I am a newbie and need some advice. I have a cash flowing rental property out of state that needs work done on it. It is an older home with a huge backyard. It needs a lot of minor work but is eventuall...

Hi,Could someone share any IRS experience or their stance on tax deductions changes that went into effect after 2017?Question, can i use HELOC from primary residence to buy land somewhere else and be able to deduct in...

I know some of the below variables vary depending on your geography, but here in Texas DFW area the estimates for property taxes, insurance and holding costs are fairly accurate.

I would appreciate more experienced ...

Hi,I used to think an average ratio of gross expenses to gross income for multifamily rental property should be at least 50%. It is about OH properties which are 40-50 years old. But what's interesting, financial stat...

I’m reading the posts on this website discussing the 50% rule. We own few Class C Apartments Complexes, anywhere between 36 to 100 units. My management Company manages around 2,500 units. I have to say that based on o...

I've been reading up on the Self-Directed IRA, and from what I've found is that any cash flow/profit goes back into the SD-IRA. How does one legally obtain funds from a SD-IRA for basic living expenses if the purpose ...

Looking at this decent 20 unit apartment complex.  Below are the current break down of income and expenses.  PM fees are also included in Total expenses.  Sales price is $700k.  Loan would be 25% down at 4.5% fixed fo...

I'm just starting out. I'm in Nashville and am interested in buy and hold small multi-family. Ideally I'd buy a duplex, live in one unit and rent the other to cover my living expenses. I'm keeping my 9-5. To put it ho...

Hello everyone, I have another question to run by you.  I am trying to figure out which is the best way to structure this deal and how to do it for tax purposes as well.I am closing on property on Tuesday.  My father ...

I currently have 3 mobile homes I am renting out that I paid cash for they are not in a park. I live in Arkansas and have ran across an elderly couple wanting to sell their mobile home park. Below are the numbers I ...