With the new tax law, net income that is received via a pass through entity is allowed to have a 20% tax deduction. Essentially 20% of the rental’s net income is tax free.Most owners have mortgages on their property ...

I closed on my 3rd property this march with the strategy of a live in BRRR.  When I was walking through it prior to closing I saw evidence of termite from the past: old bait traps around the house and minor damage spo...

I have been talking to a landlord who seems to be motivated to sell. He said he has horrible tenants who're behind on payments. He says there are about $1000-$1500 in owed taxes. When I ask him about seeing the proper...

Hi everyone I'm almost done renovating my first deal and I want a house hack. if you guys would be willing to share your system and why you have that system I would be grateful :)If you'd like more information keep re...

Hello Everyone,I recently had a fire at my duplex.  One side is a total loss.  The tenant has requested a refund of the rent and deposit.  Would you refund the rent?  The tenant won't get much of the deposit back due ...

I am looking to sell my townhouse on a lease option. I have buyer who is ready to put money down.

I just talked with my loan officer who I normally work with (though I haven't done a lease option in 4 years) and he t...

For an offer made by an LLC, will the banks accept a POF of your personal funds, or does the money actually need to be in the LLC's bank account at the time the POF is given? Thanks.

Hi,My name is Brandon. I recently moved to the Washington D.C market. My wife and I are currently at the last end of closing on our first multifamily deal where we will be a owner occupants. I was telling my wife that...

I know the answer is always "Get a good real estate tax professional".  BUTI purchased a mixed-used property in October 2018.  It is one residential lot with a 3/2 house that also has 2 apartments in the back.  On the...

I closed on a sub-ground condo less than a month ago. Last week I found a damp area in one of the bedroom closets. I’m anticipating that it may be due to a crack in the complex’s foundation, since it is localized to a...