Hi everyone, I inherited a tenant when I purchased a property 6 years ago and this tenant moved out. Tenant has been there for over 20 years so the unit has a ton of updating that it needs so that the unit is brought ...

I have a house that we rent bunks to airline crew members on a month to month basis. We have a ton of expenses involved in our operations. I have learned that it may be beneficial to itemize everything carefully with ...

I just purchased a SFH in Portland, Oregon and Made a decision to Househack to subsidize our mortgage payment. I’d like to know what tax preparations we could begin to consider now in order to ensure we can deduct a p...

Newbie question, has an application for a B class neighborhood where applicants income is right along border 3X with the new job they just moved ( a better paying). So asked for bank statements to verify 3 months of r...

My condo in Laguna Niguel CA is worth about $560,000. I purchased it for $365,000. I lived in it  during 2010 (while I was fixing it up) and then rented it starting in 2011. After 8 years my tenant has given notice a...

Say I was gifted a commercial building that I operated a bar/restaurant in and it was appraised for $2MM.Then I "sell" the building into an LLC, which I would also own, for $800k.That price of $800k is because a lende...

Looking to buy a few properties in the St Louis area and most of the ones I see require some work. As I am out of state, wondering if you guys have recommendation for good and honest General Contractors who would help...

What are the tax implications on subject-to deals?
Does the seller require to pay a gift tax? Any capital gains? (Current market value - Original purchase price) 

Hello.  I co-own a property in Kissimmee, Florida with my father in-law (50-50).  We agreed for me to buy his share and so I'd like to remove his name from the title and mortgage so that everything is under just my na...

Is a 2.5 hour drive too far away for a rental property? Houses where I live (Toronto) are super expensive and it's hard to get much cash flow out of them, even in the Greater Toronto Area. However London Ontario is ab...