I am researching a note I came across. AT first it seems like a pretty standard note. It is a Mobile home with the lot for sale for 45000. The Owner received $20,000 down and carried a note for $25000. The interest...

Hi, I am a newer house hacker and will be looking to purchase another property in 2023. As many may know, house hacking you rely heavily on the rental income to be able to qualify for more debt. This year I spent allo...

I hired a insured, licensed, bonded general contractor to remodel the bottom unit of our building. According to our contract, he was to be paid in phases until the completion of work. He kept collecting advance paymen...

Started a general contracting business:Looking for the best, affordable application to use for a start up business. Not a lot of steady income at the moment, but I'd like something that won't turn my clients away from...

Just about to buy my second rental property - however as a result in finding this one I drove to see quite a few properties the past few months. As it obviously was work related mileage, can I deduct that mileage on m...

Hey!  Can anyone explain to me the new rules under the new tax plan about the limits of writing off mortgage interest, specifically on your primary residence?  I've hear it may be really beneficial to switch to an int...

Hey team, tax question: I know, moving forward for 2018, that HELOC interest is tax deductible IF, for example, the funds are used for improvements to a home. Does anyone know how the IRS would know/track that? For ex...

Hi all! I have a property I bought through the Duval County Foreclosure website with cash. I am working with 2 people on fixing it up and flipping it. The property is in my name. We are going to split the profit evenl...

As a real estate investor it is important to choose a business structure that gives you the maximum asset protection as well as the best tax advantages. Although I can't advise you as to what type of entity you should...

I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...