I have a MHP and need to replace a few homes with new ones. Are there any financing options to purchase manufactured homes under a business for the purpose of renting them? Any suggestions on funding would be apprecia...

My husband and I have always bought homes, improved them and then sold them. However, about 6 years ago we decided to get ready for "our baby" to head off to college and started planning. We have always wanted to own ...

Hello All,I'm not known for being succinct so please bear with me!! A person finds a suitable 2 bedroom condo which meets nearly all of his/her PERSONAL occupancy criteria.  It's proximity to kids, close to work, safe...

My husband and I were out looking at investment properties all morning, as we are in the identification phase of a 1031.  We looked at a very nice brick apartment building. It has a nice, aluminum-sided, 3-car garage ...

Dear all, We are looking into setting up a new bank account for any house/rental related income/expenses (we're first time owners of a multifamily property) . So far, we've been loyal customers with banks that don't h...

It makes sense to define real property for tax purposes when discussing real estate tax.
Under 1.856-10, real property is actually defined as land and improvements to land. Local law is not controlling. Although this...

All,Quick question... Building a spreadsheet of all my expenditures for my rental property.  What kind of data does the IRS want to see if I ever get audited?  I assume a list of the expenditures with dates, I also a...

Does anybody have any recommendations on how you track the work you have put into your real estate business?  I would like to claim the real estate investor qualification on our taxes next year.  Technically, my wife ...

Hi Bigger Pockets! I am a new member here and am excited to get advice from experts. We began investing in short-term vacation rentals back in 2007 and now own and manage 2 STRs in southwest Michigan.  We rent primari...

I'm considering selling a property to a family member below current market value.  For the purpose of determining potential capital gains/losses, I need to establish a fair market value that will hold up to IRS standa...