Have 70% of net worth wrapped up in equity of real estate between 3 homes.  1 primary and 2 rentals.  I planned on accumulating another property every couple of years for the next 10 years, and using rentals to help w...

Introduction and background on questions:

Currently we are a 2 man operation that is a 50/50 partnership. We will not have any additional partners in the future and we are not interested in selling part ownership of...

Hello everyone! This is my first post. I have been interested in investing in US real estate for quite some time and have spent the summer reading books and getting a bit more familiar with it all. I can't wait to pur...

I have come across a potential deal with a seller who was rehabbing a property and has run out of money. He has a mortgage for about 105k and has agreed to sell if he can avoid bringing money to the closing table....

My wife and I are looking into shopping for a rental property. However, our AGI is above $150,000 a year, and neither one of us is a real estate professional.

Because of that, it looks like I would not be able to ded...

Hi all,
As titled.. I did a IRA withdrawal of 300k to buy 2 condos in May/June 2024. 
I didn’t paid the 10% penalty fee. 
I’m not currently working so my income is basically the 300k + (28k gross or 15k net) from a...

Selling an investment property, that I purchased for little to nothing and  selling for over a huge profit, after renting for 5 years... what is the best way to avoid huge capital gains tax.  Do I have to buy another ...

I am filing my taxes using TurboTax Home & Business and I'm filing later than normal specifically because of this issue that the TurboTax hotline has been unable to help with. This is probably the last year I try ...

A friend of mines has a house that is paid for and empty. I asked why not rent it out and they had no clue on how or what to do. I told them to come here but they are older and not into computers. So I will post a que...

Hello everyone,
I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.
I have a pending income tax payment of approximately $200K for the year 2023, due by Septem...