Need some advice about whether I should proceed with a deal that would by my first Sub to. Property: 3br 1 ba 1050sf in Portland OR valued at ~$260k.Loan: principal balance ~$199k @4% with PITI= $983 per month.Amount ...

Hi Everyone,On my last three tax returns my CPA surprised me by prorating several of my HUGE expenses, citing that they were improvements so the full amount can't be claimed on one year's return. (he diviede them over...

Getting ready to list my first rental. Looking for suggestions for a tenant screening and application website or service. I also just recently heard about property management companies that handle just the tenant tran...

single family home, so only one water meter, in Cleveland Ohio, new at renting- was planning on having tenant pay all utilities including water/sewer- if I keep the water/sewer in LL name- can I have the tenants still...

Here are the ridiculous facts.1) we bought a building with "friends" to be rehabbed and turned into a short term rental. We drafted an operating agreement  after I formed the llc. We discussed and they seemed ok with ...

Help! First time investors here! We are in the process of renting our first property in Knoxville TN. We have a law school student starting her first semester that has filled out an application and we have checked her...

So we had our monthly auction in Texas yesterday and one of the deals we had tied up got auctioned off. Apparently the seller had been served notice at the property he was selling to us instead of his homestead. My ...

Hi, we converted our previous primary into LT rental in January 2022. It’s been rented since. Purchased in 2018 at $325k, it is now valued at roughly $410k. Is it too late to get a cost seg and take bonus depreciation...

Location Minnesota

I had a year lease with my tenants that I did not renew. Payments were to made on the first of the month with a 5 day grace period. I chose let them stay on a month-to-month basis as a ...

All:I have a large college student rental property business (~150 students that rent from me) and have been buying houses/apartments and renting to college students for 12 years.Despite all the nightmares you've heard...