Hey folks! My partner and I are in the middle of estate planning. To note, we do have an attorney selected, but I'd love to hear what others on this site have done in their own estate planning. It definitely has a lot...

My Situation: My father and I are in the process of purchasing a turnkey SFH rental property in New Jersey. We are splitting all costs and profits 50/50. Our intentions are to buy and hold the property long term and c...

I've read articles and tried to drum up info online about the pros and cons of making a grouping election for rental real estate activities, but it's not "clicking" with me for some reason. Hoping someone can share th...

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...

Has anyone considered getting two or more umbrella policies from different carriers to get around the rental property limit?  If the policies specifically include/exclude properties, why couldn't you just get two or m...

My husband and I are under contract on our first rental income property and wonder if anyone has switched it over from their personal name to an LLC right away? Or waited.

My single family residential rental property is held in a land trust, whose beneficial interest is assigned to my single-member disregarded LLC. I have opened up a business bank account where the rental payments are ...

Hi Everyone,

In searching through the forums I have seen people say regularly that LLC is preferable to an S Corp for passive business income like buy and hold. My question is why?

I ask because I alre...

Hello! I am a new investor looking for my first deal in the Ann Arbor area. I'm primarily looking at single family homes, condos, and off market opportunities. I'm curious what metrics people use to decide whether to ...

Due to a change of circumstance between closing and evicting a holdover I am currently living in a unit that was purchased as a rental. Am wondering if I should for the sake of keeping the books straight charge myself...