I put $50,000 down on a property that I am buying through the owner.  The closing is in January.  How can I deduct this on my taxes?

This past year has been my first time with a tenant. They are now moving out and I am trying to decipher the lease. With regards to animals, the lease states the following:

"...at such time as Tenant shall actually k...

went to see a home from  an investment rei company on C.L. dealing with foreclosures only. web site looks authentic enough, listing many homes sold  and some current ones for sale. Site states said if i make an offer,...

We just finished a flip that is listed on the MLS.  We decided to also offer it as a Lease with a 3-year option to buy.  Having never done one of these, can I get some feedback on how we structured the option and pose...

Hello BP!

I have an issue I could use some advice on.

Smart money about a year ago was that the rates were going anywhere but down. So about September of last year, my wife and I refi'ed our Single Family Ren...

Can anyone shed light on how to purchase from a tax auction? They only take cashiers checks. How do you pull that off? Do they let you come right back with the check? Do you bring various check amounts to add up to...

My partner and I are planning to start an investment business buying and flipping.  What type of business model is best, LLC or S Corp?   How do lenders evaluate the credit worthiness of a LLC?

Hi All!I recently closed a deal with my parents- I found the deal and project managed it and the deal was that we would split the net 50/50.  I was not calculating the FTB in my estimates- so the question is- should I...

Hi all,I have a tenant who is by most accounts pretty good.  He is on a month to month lease, single parent working two jobs which I really respect.   He has been late on rent one time which we worked through.When he ...

My bid of $3,500 was accepted, but it looks like repairs are more than I expected. Total investment about $9-10K. Retail value is about 12,000. small margin of profit.
Several reasons for optimism: 3 bR have higher ...