Hey guys I fixed and flipped a house and made a profit. Are there any documents I should be gathering from the closing company and filing on my tax return? Or do I just report the amount of profit?

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $153,000

Cash invested: $75,000

This is a property in Old Towne East in Columbus,OH. Solid fix and flip. With a 460...

I recently cut down a large Black Walnut tree in a patio area located in the backyard of my rental property. The tree was infested with ivy high and low and though it provided privacy, I felt sooner or later it would ...

Stuck and don’t know what to doI have a 4 bed 2 bath single family rental in a sought after area in salt lake city, UT. (libertypark/sugarhouse). I purchased in 2019 for $340k now it’s worth $600k. It’s cash flowing $...

HeyLooking for input from other members running their short term rental properties.We are onto a new project where we have a small acreage that is nicely setup.3 bed/2 bath house that can accommodate 8-10 guests3 serv...

was reading posts from four years ago very much want to hear about the outcome of Mike  Reardon's lawsuit against his H away. I have been subjected to things no one would believe if I hadn't recorded them.  If I as m...

Heres my take on the Dubai vs. Miami property market!

In Dubai

Current demand is 40,000- 50,000 residential units per year.

69,000 are to be delivered by the end of the year (2007).

69,000- 50,000 demand of un...

I made poor decisions as a younger man. I therefore have no credit. I do have $5K - 10K in cash to get started with. Any enlightenment would be awesome. Thanks.  

A Kansas man could face up to 120 years in prison, as told by MPAMag.com. Terrence Matthew Brown purchased 10 homes in Kansas City, all of which ended up in default. He also received over $200,000 in kickbacks as a...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $45,000

Cash invested: $40,000

We purchased it with the intent to fix and flip it. However, after running ou...