I had my roof replaced in 2020. We just had a heavy rainfall over the past week and my tenant notified me that their is water leaking through the ceiling into their laundry room. I checked the attic and and there is w...

Hello everyone! I am happy to have recently joined this community after much consideration.I am eager to start this journey and like many of you, I assume, I have no idea where to begin. To give you guys some context ...

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My wife and I are plan on buying a home and after two years we will be relocating. We plan on renting this property out in our absence using a property manager. With only a two year time frame should th...

In this business we all know cash is king. I have recently noticed that my goals to build wealth have been impacting my quality of life more and more. We have been putting every penny away and avoiding all the things ...

The 50% rule applies to multiple properties over an extended period of time. When starting out, with only a couple properties, is there a certain amount, per unit, suggested to keep in reserves? Also, when considering...

Hello BP,My wife and I own one rental income property (outright, San Diego) and are looking to invest in a second or more (Houston area) to increase cash flow. I have been reading the forum posts on the debate between...

Hi everyone!

I am 24 years old and have a interest in real estate investing! I currently live in a small one building apartment with 18 units. The couple that own the apartment are in there late 70s early 80s. I feel...

I have a daughter in college with a 4yr tuition bill that will total $120,000 plus. So, while money is tight I thought it would be a good idea to purchase home warranties for our 3 homes (10 individual units in total ...

Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
...

Seeking informed opinions on the best tax avoidance strategy...I own a SFR in NoDak.  I purchased it ($265,000) in 04/2022 for #2 son to live in while he attends college.  I have been deliberately managing it as a ren...