So I have a potential 5 unit building that is listed in the National Register of Historical Places. I've already spoken to the city zoning department on some issues, but they have no clue what the restrictions may be ...

We have been contacted by a priest who is working with a family that is in desperate need of a place to live. If we give them a huge reduction in rent from the amount we would charge, is that tax deductible as a chari...

I just closed on a house hack and my tenant who has lived in the property for 2 years has previously split the internet bill with the other occupant in the duplex. I would like to do the same. I'm thinking there must ...

Hi all,I received a letter today from a firm (Texas Tax Protest) that claims they will negotiate your property taxes down on the owner's behalf. Has anyone dealt with this type of firm before?The cost is $295 and if t...

I was wondering if anyone has any insight into challenging a tax assessment of their property. Is it worht it? I don't actually think my assessment is too off, maybe $4k greater than its value. However I did note that...

Hi. I’m looking at a commercial multifamily opportunity in Columbia, South Carolina and need to calculate the taxes due on purchase. Does anyone have the formula for Richmond county on acquisitions?  I don’t know if t...

Hi BP,I have a refinance question...Is it worth or a smart move to refinance for 1% reduction in rate while 9 years into current loan. Beginning 2017 my loan will cap out at 5% and stay fixed for the remainder of my 3...

Hello everyone.I've been scouring the internet for a while and I can't seem to come by depreciation. What an accountant has told me is that depreciation can stack year over year if you have excess leftover. For exampl...

Hi all. I have a situation I've never seen before so I need some help. I have a deal that I wanted to keep for a rental because of the location. I have it under contract for $160k and it's worth about $350k. However I...

Hi all!
My wife and I are just starting out with our real estate investment venture, looking to purchase our first 2-3 unit in Chicago. We have found several properties over the past few months that fit our criteria...