Sorry if this has been asked before...maybe I'm not using the correct keywords.I am confused about the mortgage interest tax deduction. I understand that it allows the interest on a mortgage loan to be deducted, but h...

The City of Lansing is making me pull a Permit on an addition that's was put on my rental property 15 years before I owned it.  Contractor won't touch it and city won't let anyone live in it until it's done. Read belo...

Zillow is committed to growing the most robust rentals marketplace and providing an exceptional shopping experience to renters. To further this mission, we’re updating how we manage rental listings. By moving to Zi...

Several Basic Fraud Schemes to Note:
I have now been in accounting and specifically in Forensic Accounting and Fraud Examination for 7+ years not only dealing with your typical frauds, embezzlement, theft, and breach...

I'm currently receiving quotes to insure a rental property owned by my LLC.Due to the LLC, I'm being quoted as a commercial policyholder, although the home is a single-family residency. Is there any method to avoid t...

So you ready for this?  We are in the process of selling some of our portfolio in the Midwest, apt buildings.  Have a couple groups out of NY who place good bids and to which our broker stated they would go with.  Thi...

Hi all and hope everyone is keeping well/safe.After a water damage incident that I've not yet claimed with my insurance (due to fear of hikes and other repercussions after 2 unrelated claims in 2017 & 2018), I've ...

Good afternoon, BP.When you start out and buy that first duplex (or other multi-family property), would you rather A) save enough in your reserves that you're covered for at least 6-months' worth of lost rent? or B) u...

This house is owned by a trust made up of 5 people.  The contract states "as is" and it is looking to close next week.  The realtors have been very easy to work with,,, do I ask them to make some concession for the ro...

The Fed increased its benchmark federal-funds rate again this Wednesday which will now range in the 5-5.25% representing a 16-year high.  Some economists are claiming that this raise was already priced into current mo...