If a tenant does damage to my unit but can't or won't pay for the repairs, can I document the damage and file a claim against his renters insurance?

Hello BP!We are new to REI. We are in the process of setting up our LLC in Maryland. However, we intend to do business in Washington, DC as well. Does anyone know the process of buying, selling, flipping houses in Was...

Hi there. My mom passed away in 2022. A tax return has been filed for 2022. Her estate will not be finalized until this 2023 which will have additional monies transferred into her estate from my brother's estate. The ...

Anyone recommend any log book template for documenting the 750 hours required for qualifying as a real estate professional? Any software programs available to help make sure all pertinent details are recorded that a ...

hey gang,

so i have been looking to finally protect my assets with an llc. my question is, is it worth going with a wyoming or nevada llc? i live in ca so i know i would have to foreign file here in ca. im sure it wi...

Looking for a tax professional that is familiar with real estate investing. I live in Amesbury, MA and have a total of 5 units in addition to a full time job.  I have been using H&R Block and think it's time for a...

Has anyone used Legal Zoom to form an LLC ?If so did you select the basic package or take any of their additional service packages? ex. “affordable tax” or “Legal Protect” or “Tax Compliance”Its my first time forming ...

Hello all, this will be the first year I’m able to claim depreciation on 1 of my properties as it is a rental now. What do I need to do when filing my tax return? I like to keep it simple and see the same tax preparer...

before getting my first property should I LLC

Hi! This is mostly for the landlords who have properties in other states. We live in Massachusetts, but our rental property is in Pennsylvania. Do we have to file PA taxes as well?