The IRS released new guidelines and best practices for their internal review/audit process of 179D tax deduction claims. If you have claimed this deduction or plan to in the future, ensure that your CPA or tax special...

Long story short: we are new to the game and the GC ran off with about $22k. What would you do? Take it as an expensive lesson? File a lawsuit? The contractor had us writing checks to his name and not his LLC name. 

I have come across some turnkey rentals in buffalo and western new york. I am from NYC and am a good 9 hours away. these companies claim to have fully turnkey rentals in a stable market. i am in the beginning stages o...

Our first probate deal.Background:We found a very motivated seller who inherited this home and saw it as a burden. We offered cash at a huge discount and they accepted. However, we had no idea their probate claim woul...

I have a property in which the tenant had a "cooking accident" that sent flames up to the ceiling, and burnt a whole into the bedroom above.  The work order from my property manager is for $6120.00, and my deductible ...

Hi,

Is it possible to refi from 30yr to 15yr and add the LLC to the title only (but keep mortgage under my name only)?

So, we have now:
Title: Me only
Mortgage: Me only

going to:
Title: LLC only
Mortgage: me only

...

question does anyone work for globle.life insurance . My stepdad died .we filed a claim..I.says claim completed does that mean it was approved and they sending a che

Hello BP, I hired a contractor for tile & tub installation in my 2 bathrooms. It was part of a water damage claim so the insurance company is involved. The initial proposal I got from the contractor was $7000 doll...

I recently completed purchase of my second property this year.
1st purchase was Single Family house. Purchased with cash and added Home Equity loan to purchase second property (condo).

Is it possible to transfer th...

I am fully retired and have a small pension. I own 7 doors all of which are about 30-40 miles from my house. I am managing the properties myself and spend a good amount of time overseeing them (maintenance, cleaning, ...