Hello BP, My tenants want to add 5 more months into the existing 12 mos lease. Their current lease will end in 2 months. They are very good tenants. I was planning to let them rent until the end of their 5 month reque...

I have yet to take steps on investing as I'm taking the next 6-12mo to read and absorb as much information as I can. That said, I'm running my own numbers on cash-on-cash ROI and I wanted to make sure I'm looking at t...

Hello everyone. I bought my first duplex last year (Owner occupied), so I’m relatively new to this rental business. The duplex I purchased is in good shape, and for the area, it’s more of a higher-end rental. I decide...

I live in PA. Not going to get into specifics, but an opportunity may have fallen into my lap. Owner wants less than 30k cash. House needs a TON of work, but nice structure, property and neighborhood. Similar houses s...

Hello all! So somehow, I didn’t notice my AGI would be above the IRS Roth limit (198,000 AGI) and I had contributed 6000 into my Roth in 2020.So my tax program is telling me I have to pull 1250$ + any earning made on ...

Do you think this guy makes money selling financial products?  Always view these kinds of advice critically..."consider the source" and what biases they may have. https://www.cnbc.com/2021/04/0... Most of us would dif...

Back Story: I have a tenant who has not paid rent since March 2020. He has claimed job loss, he’s waiting for unemployment, his father died, etc. He agreed to move out on September 1, 2020 (Original Eviction Moratori...

If UBIT is owed from a self-directed IRA, does the IRA pay or the individual owner pay? I suspect the IRA must pay the tax, otherwise it's a prohibited transaction. Is that correct? Can anyone reference the related ta...

Hi everyone,i'm a nebbie to the game and have a question, Do i need a LLC before i can apply for a EIN number?

Any tips on evaluating potential renters?