I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks or deductions?

So i'll be as detailed as possible: I'm looking on what action I should take and anything else you think might be useful information to provide.

Listing address: 5641 Whitby Road, Baltimore, MD 21206. List ...

Hey guys, Just curious as to any advice you all have or maybe one of you have actually attended one of these workshops. I just attended a free NationalRealEstateNetwork seminar in Raleigh NC hosted by Tony Rosenbum. H...

I've been doing some research about rolling over my previous employer's 401k (which is currently stagnant with the same broker) into a SDIRA. I'm reading that all of the typical rules of a retirement fund apply, where...

Hi BP,Have an offer in on a MFH (competitive bid situation) and I have just received the existing 3 leases (that expire anywhere from 30 to 120 days after I take possession).I'm not crazy about how the leases are writ...

Background; I've 1031'd 4 homes in the past 3 years. I either turned one home into 2 or traded a smaller home for a nicer home that will hopefully appreciate and cash flow more. My long term goal has always been to do...

So, I am going to do this post Jack Kerouac style. I just finished reading Bene Brown's book "Daring Greatly" its about being vulnerable and its motivated me to write some blog posts that for some reason I have been ...

After three months of giving notice to our tenant to inspect the property and getting refused and canceled last minute, we finally entered the condo and faced the disaster. Massive trash accumulation and hoarding. I c...

I’ve been wanting to become a real estate investor for years now. I have 2 rentals that I did through traditional mortgages but am craving more. BUT EVERY TIME I try to learn more about different ways to actually bec...

Hello all,As my portfolio grows I'm looking to become more efficient, especially in the realm of tax strategies.  I have heard of cost segregation and bonus depreciation and I have a base level understanding of what t...