Hi everyone,
In a recent purchase, the title company made an error on the deed, specifically, they used just my 2nd last name, not my full legal name. The title company worked with me in two previous purchases in w...

Hi, we just refinanced our VA loan, our house appraised for $200k over the original purchase price in 2018. We took out $100k to pay off credit card debt we used to create a 2bd/2bath ADU in the basement. We'd like to...

Looking to start out in Pre-foreclosure short selling. I'm going to get a front site up and start posting ads in my area. I had a few questions regarding pre-foreclosure.

I've been reading some books on the subject,...

If I earned interest on a promissory note, but incurred expenses to loan that money, how do I report that?I loaned money to a real estate investor who then used the money to fix and flip a property. He gave me a promi...

I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage.  I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...

Purchased a house in 2019 but the rehab / start-up carried into 2020 before being ready to rent.  I understand most of what I've read about capitalizing start-up expenses and the $5000 rule.  I read somewhere, can't f...

Tax Deduction Question:Taking a long road trip to Iowa to look at properties to purchase for rental this weekend. Wife and kid in tow, we have some family to see there, but most of time will be for looking at property...

Here's my situation;I acquired a property and I am making repairs to it to bring it up to a certain standard before I list it on STR websites. It seems like the repairs will take some time so I won't be able to list i...

In selling your first (and only) primary residence, I understand there is no capital gains tax incurred. But my question is will the income from the purchase be taxed as regular income?
If I make 60k a year and sell ...

Hi Everyone,I love this site for all the helpful insight, but I haven't found an answer to my specific question (here or on the IRS website).I bought an owner-occupied duplex in 2017 and it took 1.5 years to develop t...