Hi, still new to the forums, please pardon any oddities in my post. I've tried to include relative information, without writing a novel. I'm a newer investor looking to get some cashflow. My strategy for the foreseeab...

Hi all,I recently got my first deal under contract, it is a SFR in St. Louis that will be held as a rental producing positive cash flow.  I was wondering what some of the tax deductions I will be able to take are.  I ...

I am closing tomorrow on a condo property in Chicago. It needs a significant amount of work to rent it out, but mostly just the basic renovations (kitchen, bathroom, flooring, paint). I can do much of this work with m...

Good day all,We've installed a new driveway that costed $9,000. The old driveway was 40 years old and needed major repair.Can I tax depreciate this item in my personal tax? or is this cost segregation?

With the new tax laws that have changed, I see that you can not write off interest paid on a HELOC on your "primary residence" unless it’s used for the repair, improvement or purchase of property. My 2 questions are, ...

Hi,My wife and I are almost ready to call to Appraiser for our first home flip. The home was built in 2001. He or She will come out and take measurements, photos, etc. Question:   Since we did a considerable amount of...

I'm having difficulty finding coverage for a small piece of land I recently purchased.It is unimproved and has a creek running through the middle and all I need is liability coverage (in case someone -- guests, friend...

Hello everyone!I wanted to ask if anybody knew of a commercial lender in the KC area for multifamily 5+ units (not hard money lenders please). I've contacted a few lenders, but have had no luck yet, so any recommendat...

I have a rental I purchased in September 2017.  It needed substantial rehab and it will be ready for rent later this month.  My understanding is that all expenses and improvements must be added to the basis.   I under...

I purchased a duplex last year and have been renting one unit, living in the other with a roommate. I had a CPA do my taxes and was very meticulous about keeping every receipt for repairs, maintenance, etc. Are there ...