In need of some expertise here.  Thanks in advance.I have 6 rental units in NYC that I airbnb. Im also looking to buy a house for airbnb, likely in Tennessee or Georgia with an investing partner.Question:1) Should I f...

Hello all, I bought a new truck for my business last year and claimed the entire purchase price as section 179 depreciation. I have a separate car for personal use so I'm currently using the truck 100% for the busines...

Just got off the phone with a client who is currently in negotiations with a non profit about buying 7 properties off them in Thousand Oaks, CA. He is saying that he is selling to a non profit and is not interested in...

My grandfather has owned a small mobile home park since the 50’s. It is failing along with his health. He has 13 metered pads with 8 currently being rented at $300 per month. He also has enough undeveloped land on the...

So I lucked upon a four family a few years back. When it appraised, it appraised for $20,000 more than the purchase price. Though fully rented it was collecting half of what it could at market value. Minimal repairs &...

I currently have a property and am thinking about doing a 1031 exchange and have a few questions. I will explain the situation a little bit more. If it is a possibility I would like to maybe take a small amount out fr...

Hello, I've been reading through this forum and am extremely impressed by the amount of knowledge here. In this research along with reading a ton of books I have some thoughts on my progression into RE Investing. I ...

I just turned 23 and I am 15 months into my first house hack/live and flip deal. My brother and I owner occupy the property and rent out 3 rooms. With just over 40k equity into the deal it's obvious that we want to ca...

I have a seller telling me that he wont do the deal unless he gives a quit claim deed only. He said it was because he wanted to avoid capital gains tax. Is there a way to get around that with a general warranty deed i...

So I will be selling my house which I've lived in for 5 yrs here in Florida within the next 6 months. I should walk away with significant profit. My concern is that this profit will be taxed at my tax rate. Is this co...