Good morning everyone,I have a question regarding section 179 and if I would be able to deduct certain expenses against my income. My question is whether or not I can expense the full amount of my purchases against my...

I purchased a beach cottage on the East side of A1A in Palm Beach County Florida back in 2006. When I purchased it the previous owner made a comment that the neighbor built this room addition which was built right on ...

Hey everyone
Here is a deal I closed on in January. I bought a duplex in Cleveland for $27k and put in $7k in fix up. I get $950 in total rent, $475 each side. I have a seller financed note for $19k and my monthly pa...

Hello,

I purchased a duplex (each has 3brs/1ba) last April in a city with 5+ colleges, a university, 2 hospitals, and state offices.

I decided to rent one and live in one for the first year. I advertised...

I am often asked this question:  "What is my biggest financial risk in buying/owning a short-term rental property?"
Lots of things come immediately to mind:  Septic problems, a new roof, HVAC failure, lower-than-proj...

Hello all,I have a tenant that has been somewhat of a problem tenant.  Disrespectful attitude and began calling about issues more than normal and then won't be available.  Now they have asked for a receipt for each mo...

My wife and I have an LLC which holds a small portfolio of single family homes. I am considering purchasing a vehicle to be titled in the LLC. My thinking is that the deprecation + gas + insurance + maintenance i...

Hello,I have recently been given the opportunity to sell some parcels of land for sellers. I am not sure the best route to go when marketing to the national builders. I have emailed them, but they say it could take a ...

I keep getting text messages to "Cynthia" regarding selling 7142 W Colter St.  Does anyone know what database or service is being used to send these?  It must be a fairly commonly used one, as I get several messages p...

One of my tenants will be moving in July and I am beginning to do tours for the turn over for potential renters and the moving tenant is asking for us not to do tours due to safety concerns because of covid. I notifie...