Hi Guys!I have a client who lived in a SFH in Pennsylvania from June of 2013 until Feb of 2015. He then found tenants to convert it into a rental property and has been a rental property for him since April of 2015 to ...

Hello everyoneI am in the Boston area and first time Investment property buyer . Our offer was just accepted and getting ready to get inspection started.So we have formed a LLC with the state and i wanted to get some ...

I recently created a TX LLC to buy and hold rental properties. The LLC has 2 members and when I registered to get an EIN with the IRS, my registration got switched from an LLC to a Partnership. The IRS website mention...

Good morning,I was wondering if anyone knows of any specific rules in Philly for rentals. I am planning to rent out a spare room or two in my house and wanted to see if there were any specific clauses that I might nee...

We did a 1031 exchange in 2020 where we exchanged a smaller, older house we bought in 2010 for a much larger, newer house.  The exchange went well.  When we did the exchange, we took out $25k knowing we would be taxed...

Hello,I am completely burnt from corporate america and want to start a consulting job that may pay me more than my corporate job. My plan is to sAve a lot of money so that I can start real estate investment next year,...

I lived in a home for 10 years, then bought a new home, now I'm renting the first home. I invested 150K over the 10 years.  The home is in a great location and has accrued a tremendous amount of equity. I'm having tro...

Hello All,

I am a tax accountant from New York. I have been reading the forums for a few weeks and finally decided to sign up. I have not really had any experience in real estate investing, but I would like t...

I purchased a home with cash last month. I did a little clean up and now renting it out. I'm generating a nice monthly profit after all insurance, fees, taxes, upkeep, etc. I'd like to save this profit and put it ...

Is it better to use a simple interest business loan with a 48 - 74 month term to get started or use hard money to fund deal by deal? I am a newbie and working on my first investing deal. It just seems counterproductiv...