So I’m in a bit of a bind, I have a duplex I’m house hacking we remodeled entire thing, new hvac, electric panels, electric main, updated plumbing, water heaters, furnace, install central air, roof. Two complete inter...

Hi everyone,
I purchased my first rental property in June 2023, and it took until December to prepare it for tenants. I posted the listing on December 12, and my first tenant moved in on December 26th.
As I’m filing...

I am converting a personal residence into a rental and am wondering what would be the benefit of starting an LLC compared to an LLP?  The partner would be my wife.  I am thinking of possibly the benefits of an LLP bei...

People across the Kansas City area have reacted strongly to a picture circulating on social media of a letter demanding some residents pay rent.

A woman posted the letter her husband noticed while he delivered a me...

Thinking of ways to make my Airbnb stand out a little more and I’m tossing around the idea of hiring a private chef for one night. Not sure how to go about it - should I bake that price into the nightly rate of the re...

So I was just thinking about this tonight and will call my CPA tomorrow, but figured Id ask here for now. I have a rental condo currently thats worth $650-675k, I bought in foreclosure for $507k, 18 months ago. Anyway...

How vital is a microwave in an MTR?  We're putting together our first MTR unit and I lean toward not including one, but we could make a small one work if it's critical.Thanks!Erin

A 50/50 partner and I just purchased a duplex with a conventional loan. We have a tenant in each tut came with the property and receive 1000 in rent. P&I is $200 with taxes and insurance NOT in escrow. We have no ...

At a local REIC a local investor made the following offer:The investor has an extensive and well financed targeted marketing campaign (+15K per month). For a substantial upfront fee (well, substantial to me) the inves...

This is a partial FAQ for a very complex topic that has a lot of possible twists and complications. Maybe it will trigger a discussion leading to a more complete FAQ.Here is a scenario. Harry goes on a weeklong trip f...