Hello fellow tenants & landlords,
I hope everyone is sound and safe. I recently moved into a Single Family Home in Mountain View, CA. My landlord has sublet a portion (upstairs) for another person. The other tena...

I am reviewing our rental building insurance renewal and found an endorsement called Ordinance or Law Coverage. Do any of you know how to find out the ordinances or laws applicable in a particular locale in relation t...

I found an interesting deal for a lake home that could serve as a primary home with 2 apartments below. I’m considering purchase options. 
Option 1 - I can sell my primary home and purchase the lake home.
Option 2 -...

I have begun the process of getting licensed as a broker in Florida as Illinois and Florida have a Mutual Recognition Agreement. This agreement basically states that since I have already passed the National portion of...

Hi all, I own a duplex in Queens and our family both live and rent the property. My family is planning to move out of the neighborhood and rent out the entire building. 

I'm unsure whether the house will become an ...

In 2022 I sold my home I lived in for over 2 years. I used half the home for business. I took the 250,000 deduction, and used the remaining profits on the home to do a 1031 exchange. I overlooked that I still owed a m...

Hey all.  Question.  If i am renting a portion of my house to a separate party (say a basement) part of the year,  what sort of tax benefits can I expect?  If report the extra income as income, can i deduct a portion ...

We are using this house as an STR and it's actually in northern Berkshire county but there's no Location selection for that area.  I've attached a snippet of our survey.  The right of way is for all practical purposes...

Here is my scenario:- I sell my duplex which I owned for 7 years - I lived in the 2/3 portion and use the remaining 1/3 for rental all 7 years- Selling price 1 mil.- Am I correct that I can 1031 the 1/3 rental portion...

Hey everyone, I'm assisting a friend in the purchase of a duplex. He wants to live in one side and rent out the other to help with the monthly housing expense. What are the tax advantages of being an owner occupant in...