Hi, I'm newer at this.  I have written minimum requirements for renting our houses that I share with prospective tenants which includes ">600 credit score.  Pattern of financial responsibility".This couple sent me ...

I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...

I currently own a house that has a negative cash flow of $3400 per year. I am trying to decide if it makes sense to keep the house or to sell it. I've done some analysis of the benefits of holding it despite the cash ...

Hello,Need some guidance here for an auction property we are looking. About us:-3 partners, none have experience in real estate (we have other businesses we run) - we have enough capital for down, operating and some r...

How do you determine the the tax rate for depreciation recapture? When you recapture the depreciation when you sell a property, is the recapture tax rate based on your ordinary tax rate at that given time? For example...

I have tenants that just informed me that theu are moving at the end of this month and they are not paying their portion of the rent, they have burnt up 2 well pumps and are complaining that they are not getting enoug...

Hi all.I have a project that I need 10k for. The rate of return is near 100%. How do I bring in a lender as a partner and promise them a 10% return on their money WITHOUT putting the property as collateral?

Hello folks, without getting in the weeds, I was hoping a CPA or tax lawyer can help out. 
I make about 360k on a 1099, 30k in net real estate income, and 86k on a W2 which has taxes withdrawn.  I max out my SEP IRA,...

I've recently gotten a new roommate. I knew him in college (I just graduated in May), and he's  a great guy. He was an excellent soccer player, valedictorian, and I was vice-president under him in the Catholic Men's H...

Scenario: As a land lord, you have 3 tenants on Section 8 in NYC. The head of house hold (father), the mother and the daughter. The father was the bread winner but he got Alzheimer’s and started to forget making payme...