Wahoo! Closed on a duplex on Monday and just cashed my first rent check, exciting stuff! Thanks to everyone that has been kind enough to reply to my posts and answer my questions. Deal #1, check!!!Love the BiggerPocke...

Hi there. My dad is in jail. He will soon go to prison for the rest of his natural life since he is already old. I am his general durable POA. I am also his vanguard POA/full agent. He has a traditional IRA. I would l...

I am in the process of refinancing one of my rental properties and need an appraiser to enter. The tenants do not want the appraiser to enter due to COVID-19 concerns. There is a multi-generational family living in th...

At this risk of outing my foolishness, here goes:I trust that I should be targeting homes that are close-to or fully paid off, but I can't wrap my brain around WHY. Math stuff, I think.If someone is struggling and the...

I'm in a bit of a quandary and reaching out to the experts on this website for help. I'm 4 years out of college and have been a traveling consultant for the last 2 years, living in places like Italy and singapore. Sin...

I am in need of some mentoring and coaching to do this. My plan as of now is to secure 50k through a private lender and do some renovations and get a tenant in there. Then go to a bank to get a mortgage on it to pay b...

I am aware of most of the common items of doing a 1031 exchange, but have a question concerning specifics. The question I have is: Can a 1031 exchange be done between family members or does it have to be an arms lengt...

Hello all,I am doing a rehab and I have a sister and a friend I want to hire to help. They will make over $600, but this is more of an "under the table" cash deal. Can I claim $595 (avoiding 1099 minimum) and not clai...

App: MileIQ (Mileage Tracker) As a Realtor and Investor I drive a MASSIVE amount of miles each year. With my father being a CFO that leaves me with little room for making excuses when tax time comes around. That lead ...

There is a lot of false information out there regarding 1031 exchanges and one of them is that you'll have to pay taxes eventually. That's a myth!If you keep rolling one 1031 exchange into another until your time on E...