I have someone that is nearly done with a remodel/flip and needs $10k to shore up loose ends, etc. They'll repay me $13k in 90 days. I don't know this person too well. I plan to have them pay for prelim title to see w...

I lease a retail space. First year. I put about 20k into remodeling the space this past year. What's the best way to account for that expense on taxes? It's commecial, and I don't own the space, just the biz...

Had two units broken into, around 3:30 on a Friday. Did our normal rounds of our 7 locations. Noticed the door latches broke. Called the police once we got a download on a memory stick we gave them. Notified the tenan...

I just purchased my first investment as a house hack, with the intent of living there for a year or two, and I am seeking clarification on a few things relating to the accounting side of this. The property is a 3-unit...

Hey everyone,If one does not form an LLC and still invests in RE continually under their own name can they still write off travel, hotel stays, meals, educational material, seminar attendance costs, purchase of a car,...

I get this question a lot and there is much confusion around this TOPIC.  The confusion is that EVERY lender is NOT created equal and has different guidelines.  If you are S/E ( self employed ) for example you can alw...

Creating a successful budget for your rental properties is essential for managing your business effectively. Here are 5 tips for creating a budget that will help you achieve your business goals:
💰 Identify your incom...

Hello everyone. 
I’ve came here today in hopes of getting a few questions answered.
Does anyone know of a good free public forum where I can get help when I have a question about my taxes? I’m looking for the kind o...

Hi Everyone, Do you guys know about the best equipment that is not crazy expensive to detect if a wall is humid? Do infra red thermal cameras work for that?Open to any and every suggestions, Thanks in advance! 

It is my understanding based on ITC Section 48, rental property owners can now take advantage of tax rebates to install updates. Additionally some of the costs such as updating the electrical panel and trimming trees ...