Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $113,000

Cash invested: $10,000

Sale price: $225,000

Duplex converted to Single Fsmily

Hi all,Is text and/or email an acceptable way of discussing pending issues with your tenants? Or does any communication regarding rents, fees, utilities, etc. have to be done via mail? If for some reason you end up in...

Hey everyone, I’m in the process of searching for my first deal. I’ve downloaded propstream and compiled different lists of properties I would like to approach. I would like to spend the next week going door to door t...

New investor here. When getting a lead would it be wise to chat via phone for an initial screening of the potential seller rather than driving to meet with the seller? A conversation by phone would save a lot of time,...

Just hoping you all here could give me a hand, i am filing my taxes online with rental income for the first time and i need help with this form-

New, Used, or Converted (Building) Form 4562

Which describes this p...

Hi guys,
Lets say a person puts money into a Roth IRA, but then few years later, IRS penalizes this person because this person was making too much money. What would that penalty look like?
In 2019 I believe for a s...

First, appreciate all the replies to this topic. The reason I post this here is because I got totally different answers from two CPAs
Here is the story:
I bought the house as investment property and run it as STR fo...

I have 1 rental property that is a duplex as a house hack and the tenant that has been living there for about 3 months now is giving me some problems(not anything that cant be talked about and solved over conversation...

I was thinking I need to evolve my entity structure approach with my real estate business. My wife and I have an S Corp that holds our properties today. We have properties in IL and TN. I'm thinking I need to add some...