Hey guys! Relatively new landlord here.. Quick question, with all these properties in my area appreciating like crazy also comes higher tax bills. I recently bought a new home so I am currently renting out my old plac...

Hello everybody! Okay so I will quickly describe the background details of the deal and want to know the best route to lower the taxes that I will owe after the sale of this duplex. I have a 50/50 LLC with my business...

Hello, I hear that choosing an S Corp election on an LLC is the way to go to avoid extra taxes like self employment tax. I already have an LLC. Do I need a CPA to file this election for me? 

Hi, First post here. :)
First time home buyer in California, seller is willing to credit back $10K on a million dollar sale price. What's the pros and con on price reduction vs. closing credit? I received a lot of mi...

My tenants have rented the property for 2.5 years and have always been good tenants. I rent the property about at market rent, i don’t include certain utilities in the rent cost (water, electric, gas), i have laundry ...

This is something that was brought up in one of the more recent podcast. I’ve went back through and listened to several podcast but can’t find it and I don’t remember which guest said it. It went something like this...

Hi All! Is it better to get a credit for repairs or reduction in sale price? My thinking is that it'll be less closing costs (because the purchase price is reduced), payments may be lower overall if I ask for a reduct...

We're under contract for a SFH that is currently in use as a STR. Inspection revealed A LOT more problems than we ever imagined a house of this young age would have. We asked them to address 5 items that we saw as the...

Hi all,Last year I bought a 2/2 SFH in a suburb of LA (ventura county) fully intending to use it as a primary home. 30 year fixed @ 5.375%. Recent developments in my career lead me to have to move about 2 hours away. ...

Im all set to close on a rental property in Fort-Worth TX to find the property tax on the HUD is double what I was told to expect during my analysis. Current owner has been paying $107/month, the HUD to my surprise sa...