Selling an out of state investment. Won’t get into too many of the details here, but essentially own a house 600 miles away and will be selling it to buy something locally, probably a duplex, that I can live in and re...

We don't list properties until we get approvals normally and I know I'm in a minority on that. We got an approval from the first lender and verbal from the second of what they wanted and we could live with everything...

Hello,Does anyone know how much is the rental income tax in Dakota County, MN. I know it may vary by city, I just need a ball park percentage. I asked the city but they were of no help.Thank you.

The property manager I've used is shutting down. They reviewed their records for final accounting and **surprise** they forgot to bill the tenants for a major repairs a couple years ago. I'm the owner and, while I kne...

Hello & thank you to all who contribute to this post. I am currently living in a detached single-family home in Niagara Falls, Ontario (some details below) and am debating keeping the house I purchased to renovate...

Hey everyone! I have a tax question to run by you before speaking to an accountant and paying a fee for that! 
We took over management for an owner of a 4-plex this year from a company that was shutting down the prop...

Hello,I am the Trustee and Executor of my mother's Family Trust and, per her Will, and now, after her passing, am in the process of selling her home. The beneficiaries would prefer not to go through the process of pu...

I just bought a fourplex and literally the day after I closed one of the tenants had his job relocated. He still has 8 months left on his lease and he wants to break it.  My initial reaction is to charge a three month...

Hello! I am a new investor, and just bought my first 4 plex for full asking price, 540,000. We just had our inspections come back. The roof only has 3 years left with a $14,000 replacement estimate, and there's a litt...

Hey everybody, here is a case for the creative forces of this community. Please feel free, like free-free and I mean really free to pitch in. :D
Ok so here is the deal, house is severely under water, according to se...