After listening to the most recent BP podcast I want to pursue a Cost Segregation study for a few properties. We bought 2 SFR's last year that I think we can apply to last years taxes. We also purchased a SFR rental i...

I just purchased a house by the beach that will be a STR.  I am in the process of renovating, but I am doing so from out of state, and for various reasons I might not generate an income from the property this year.  C...

was told that a two member LLC is more favorable for flipping activities for two reasons: 
1) much less likely to be audited vs a single member llc
2) much more difficult to pierce the corporate veil compared to a s...

Hi All, My primary residence is a condominium that may be "deconverted" into apartments. There is an institutional investor looking to purchase my entire building, and if 75% of residents agree to the sale, everyone m...

I am in process of closing on my first MF house and recently received the initial closing disclosure.  I noticed that the lender increased my mortgage insurance (MI) premium to almost double the original amount.  It i...

As a retired graduate level engineer, I have always done my own Federal and State Tax returns.  Albeit for a couple of dozen years now I have used Turbo Tax to prepare and file returns.  I have always tried to underst...

Hello, My name is Ryan Moore and I have been an accidental real estate investor for the last 5 years. Due to a work relocation I had to rent my first home. I thought I was making a long term move and ended up buying p...

Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...

I recently filed the paperwork for an Order of Possession against an occupant in a recently purchased foreclosed home in Charlotte, NC.  Can anyone tell me the typical time it take for the Court to process the paperwo...

Sobering assessment from the annual report by the Taxpayer Advocate Service (a semi-independent branch of the IRS basically tasked with specific and systemic problem resolution):- 10-month refund delays on paper-filed...