Would it be much of a risk to rent on a month to month to an individual who filed  chapter 7 Bankruptcy back in 2012 and is forceclosing on his home this year? I have only had 2 applications turned into me, in a  2 mo...

How long do you keep the file on tenants after they moved out?

Hello, looking for some advice.I live in California and last year purchased a single family rental property in Englewood (Dayton), Ohio.  I went to do my taxes for 2020 and my preparer told me I also have to file a re...

I appreciate anyone willing to share some tax advice! I am currently a full time W2 Employee. I also do real estate transactions on the side as a 1099 Real Estate agent. I have to believe there is a great number of in...

Hi everyone,Now that tax season is soon dawning upon us, I was hoping to get some insight on the best way to file my taxes being that my friend and I both own the property and are filing as separate individuals.In ter...

I formed an LLC back in August 2014.  I did not do anything with it.  Recently, I decided to try again so I applied for an EIN # with the IRS for this LLC - never got one when I first formed the LLC.  Well I got the E...

Happy Christmas eve everyone,          When setting up a LLC, should I file the "operating agreement" with my local state government? 

I have a property I'd like to purchase with a cash offer, however I dont have adequate liquid cash. I do have the funds tied up in another property that's free and clear and am now seasoned and done renovating. I plan...

Purchased a vacation home late last year in Bullhead ( no option on location for Riverfront cities...need mods involved)We managed to get the place rental ready in less than a month and squeezed a renter in. 3 days of...

Last year I began investing in real estate and will need to file taxes for 2019. I have an LLC with 2 single family homes that were both purchased in 2019 and used as buy-and-hold rental properties. Since this will be...