Hi BP! I've found myself in yet another quandary that can only be solved by you gallant and intrepid investors in real estate. I've got a Washington State specific question that I just can't seem to find an answer for...

Good afternoon, This is purely a tax question on what is essentially the sale of dirt after splitting a lot (though of course not that technically). I have a standard Seattle lot, 5950 sq. ft. The house is old, less t...

Hello All,Very new here, both to the community and to investing/real estate at large.I'm wondering if you all think it's worth it for me and my wife to find a CPA.Our financial situation is pretty simple. We both have...

Sold property in the city and looking to replace. Open to ideas, not liking what I am seeing so far. Will pay tax rather than buy something undesirable. Looking westside Portland, will be back at beach looking around....

I'm hoping to get some people's opinions on FHA vs. Conventional Loans. It seems that in the long run (assuming one can afford the higher down payment, closing costs,etc.), it is better to get a conventional loan? How...

Hi guys,
I did a search and the latest post I found on this topic was about 2 weeks older. There are many of the opinion that somehow going into forbearance will come back to haunt mortgage holders regardless of what...

What is the legal definition of full time residency once you’ve purchased a property under an FHA or conventional loan? Does it differ from bank to bank in regards to the conventional aspect? Would 178 days out of a y...

I'm in CA and have rental properties in IN. My CPA says that since I had no gains (expenses/depreciation was greater than income) I don't have to file an Indiana state return. Is he correct?I already found errors in t...

I live in chicago and was wondering is it possible for get funding from the SBA for an apt building I am interested in buying? Are the credit rules more relaxed or more stringent?

Thanks
Rob

Two questions...1) About to bring a STR online in the next two weeks and am looking for some advice as this will be my first STR. 2) Specifics on the current STR cost seg. tax benefit?Thank you for the help.