Hey everyone I live in CA and was looking to remotely manage 10 units (four flex 2x and duplex) in IL. I was trying to get an app for communications and rent collections. Any recommendations ??I am trying out stessa a...

Hi All!

I have to this point mostly owned "residential" multifamilies. As I look into larger properties i am wondering if anyone has a list of improvements to make and estimated improvement $ amount to be added to va...

This year I replaced two HVAC systems. I know this is tax deductible, but I'm wondering if I would claim the entire deduction on my 2022 taxes or is this something I spread out over a few years?

I am having a hard time finding if IRS has rules if there is a time limit (purchase to in service date) on what can be deducted.  
Scenario - STR home purchased in August 2023.  working on home to set up for STR Augu...

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...

Hi everyone, I'm a new investor and am still at the house hacking phase with my first single family house here in Houston TX. I bought the house a couple of years ago with 5% down payment which or course means I have ...

I'm getting a cost segregation done on my cabin in the smokies. I'm filing out the information and I'm unsure of a question.In terms of non depreciable land value in the area, is a dollar amount or percentage allocati...

Hi I am just starting out but realize i am uneducated with number analysis do you recommend any videos,podcasts or anything that would help? Thank you

Is it possible to take depreciation on a residence purchased 30 years ago but converted to rental property over 28 years later?

If I put $20k into rehab is that entire amount deductible? Also, will it, along with depreciation, offset penalty for cashing out 401k?

My 401k wasn't a lot so my 10% penalty is only a few thousand.

Thanks