Hello Everyone.  I just had my water and plumbing inspected in my 3 story town home rental, and I wanted to run the findings by he community to see what everyone's comments are.  The water heater is located in the att...

Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...

While cashflow is key to keep the property safely under control, I seem to find that the larger returns for our portfolio to date come from strategic growth of equity. My wife and I are still fairly small in our inves...

Someone that owns rental properties may or may not be in the business of real estate. An investor that just holds rental property for the production of rental income is probably not engaged in a trade or business and ...

I recently decided to take the plunge and bought an out-of-state SFH rental investment through Roofstock. The existing lease expired about a month after we closed and the tenant did not renew the lease. I decided to k...

Hey guys. I just bought my first house, moved in last month. A couple of weeks ago, we had a very wet weekend and I noticed water stains in the baseboards of my finished basement. No French drains, no sump pumps. I’m ...

If someone is insolvent at the time of a shortsale and is issued a 1099 for forgiven debt, does filing insolvency with the IRS affect a person's credit? Does the IRS report to the credit bureaus? It would seem that i...

Hey All,
Few questions..
Does anyone know if they are going to extend the date for the 8K tax credit for first time home buyers?
If not, is there a way people can still get it if they close after Nov 30 but before Dec...

I have someone who is looking to purchase a rehab property as owner occupant. Can the buyer get the $8000 credit for purchasing the property with a hard money loan to rehab as a first time homebuyer?