I have been a residential service repair plumber for the last 13 years. Before that I was an electrician in the Navy. Prior to the Navy I worked as a carpenter on a framing crew. I have a great understanding of how h...

What options does the buyer have of a rental property (duplex) that currently has a tenant? I understand and would never expect a family to move immediately due to a new owner of the property, but this property would ...

TL;DR is at the end of this post.My tenant was having issues with the AC.  I told him to contact an HVAC company I had researched on a prior occasion.  I had previously scheduled for this same company to check on an A...

I had a deal fall through due to the seller's poor title. After I spend 300 on inspections. The agent sent me back the deposit, double what I paid by mistake. I feel the right thing to do is tell him and send him b...

Hi All,
Will maxing out HELOC before selling exiting property cause 1031 to be denied by IRS? HUD-1 only shows the amount used to pay off 1st mortgage and 2nd mortgage (HELOC) but not the data of fund drawing from HE...

Anyone have any information on when the material participation clock starts and hours you or others spend start counting? ( specifically for a property newly purchased mid tax year new to the investor — in this case u...

So here is my situation...

Put an offer on a property 2 days ago. The offer was for $100,500 on a prop listed for $115. The bank had dropped the price from its original list price of $148. They came back w...

Not sure what I would do. Interested in hearing others thoughts!

All,Looking for a quick bit of advice. I purchased a SFR rental in Oklahoma City, and the prior landlord & PM failed to give the proper notice to the tenants to be out prior to closing. We closed anyway and the ...

I have been in the process of buying a Countrywide foreclosure for 3 months now. I had a survey done and it revealed that the prior owners didn't deed back all of the property to Countrywide. I was told that it app...