I own a 110yr old apartment building, with four symmetrical 2b/1ba units.  Two on the top floor and two on the bottom.All units have beautiful, original hardwoods.  While lovely to look at, the floors do a terrible jo...

I’d like to get feedback on a strategy I want to pursue. I work in Silicon Valley and make well into the maximum tax bracket. I wanted to pursue REI both as a way to invest extra money (already maxed all other tax adv...

I’m closing on a triplex in a few weeks and I plan on not renewing one of the tenants right away after closing. How could I minimize the chance of this tenant claiming some sort of discrimination or unfair treatment s...

Hey everyone very early on investor here looking to understand more about different lending options for house hacking/long term rentals and had a couple of questions1) As someone who is interested in house hacking wha...

My husband and I are both doctors and have high six figure income from our practices. However, most of our income comes from managing other doctors working for us rather than us personally working clinically in our of...

Yes, there has been a change in the tax law regarding the bonus depreciation percentage.Previously, the bonus depreciation percentage was 100%, allowing businesses to deduct 100% of the cost of qualified assets placed...

My wife and I are looking for someone to stay 2 years in our own personal residence while we are out of state. I was trying to figure out a positive incentive to get one tenant to stay the entire 2 years. What do y...

I have a 1800 sq ft 6br/2bath house. It has 2 bedrooms on the 1st floor and 4 bedrooms on the second floor. They are all small/medium-sized rooms. 2 of them on the second floor don't have closets. I'm thinking about c...

I've read that it is preferable to pay a resident manager a salary than to offer reduced rent. But all the resident manager jobs I've seen (at least those that are part time) are all reduced rent. Why is this?

I am f...

Home listed originally at $129,900 in 8/4/2012
Reduced to $119,900 on 9/12/2012
Made offer of $109k on 9/18/2012
Bank ask "final & best" b/c of multiple offers
We offer 133k on 9/21/2012
Bank then reduces the pric...