Tracking your net worth as a real estate investor can help you make informed financial decisions. It will help you clearly understand your current financial position to see if you are reaching your goals. It can also ...

In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...

Hello everyone,I already setup a new LLC for several properties that was rented as our family investment property. I have not yet done with filing the quit claim deed but I talked to my lender and they are okay with i...

Hey BP,

These will likely be silly questions but I'm a noobie having a little trouble finding answers online. we plan on hiring a CPA, but I'd love to understand some of the basics. My brother and I are 50-50 owners ...

Hey guys,So my 401K company says that due to corona virus I can take 100K withdrawal from my 401K and pay it off in 3 years. (If I dont pay it back then I will be taxed on it so its better to pay it back).1) Is that a...

I own 8 properties with a partner and were looking for guidance:We want to find an easy way to track our spending so when tax time comes around we will know exactly what we spent rehabbing each buy and hold rental pro...

Relatively new investor here!I purchased a single family home in October 2014 and have been renting out 3 of the 4 bedrooms ever since. This results in a monthly profit of $427. I am currently on a plan that would all...

When one owns multiple rental properties, would it be recommended to have multiple checkings/savings accounts for each property or can more than one property be handled in one set of checking/savings accounts?I unders...

Question: Is it better to use cash or credit to buy real estate? Guidlines:Cash: You have enough cash to buy a piece of property outright. Credit: You are taking a loan with 20% down and 10% interest rate fixed. You c...

Hi All,

I am researching buying rental property w/ a SDIRA. And after talking to a SDIRA custodian, she schooled me on non-recourse loans and the taxes associated w/ purchasing leveraged property.

So I am wondering...