I know there are some incredibly experienced and smart people on here, so I am hoping I can get some help with this question in which my contractor who does fix and flips also, STRONGLY disagrees with me. He has some...

Is it OK to setup a Corp/LLC to manage rental property that I own personally? I use this LLC to manage expenses and for tax purposes. I currently have an LLC S corp to manage various residential rental properties t...

Hi all,When buying a rental property, are the rents, security deposits, and taxes credited or debited to the buyer? I just bought two rental properties this month, and the close was handled differently:In one case, I ...

A family member wants me to manage their properties for them that they hold in a corporation, but legally, I don't think I can do that because I'm not a real estate broker. So, after some brainstorming, it occurred t...

I am such a newbie at this type of investment, but am eager to learn. What's the difference between tax liens and notes??Thank you for your time

There seems to be confusion regarding how the new Tax Laws affect the interest deductibility of home equity loans and HELOCs. A lot of folks think the new laws do not allow deductibility of interest on their HELOC. Wh...

I have a new CPA that is struggling to allow me to use the tax shelter from owning properties that have "Unqualified" debt.   Maybe a partner signed for the bank debt or I took a property subject to that disqualified ...

Before the new tax law, the interest on up to $1 million on a mortgage secured by a primary residence could be deducted on scheduled A. Likewise, the interest on HELOC up to $100k could be deducted in the same way. I...

Just went under contract today on a house in Richmond, Va.  It's located in the South Richmond District of Richmond, Va.  To the facts...4 BR 3 Full Bath2,497 Sq FtTwo story brick traditional Contract Price = $70,000R...

Hi All, I am new to multi-family investing, is it advisable to do the first deal on a LIHTC (Low Income Housing Tax Credits) apartment complex?  What are the pros and cons? Do we need to pay fewer property taxes if we...