Hello, My wife and I purchased our first property (Duplex), we have a PM company looking over it for us being that it is about 600 miles away. We are located in Washington state. I've searched around for a bit maybe I...

I'm looking at a fixer upper with potential but seems like there's foundation problems, is there anyway I can search up the home and see if there's anything wrong with it? Or do I just hire a contractor to check it out?

I just copied this from some realty brokerage. They had the confidence to post it on their website without being verified by tax professionals. And it is totally wrong - because inherited property is always long-term....

Hey y'all. I have always wrote my own contracts using online templates and I have been asked to write an owner financing contract for someone else. I'm not a lawyer or anything and don't have any experience with the o...

I made a bad investment on a cheap warehouse in Detroit for my  landscaping business. I paid for in cash for 20k 4 years ago. It's in a very bad area and it got broken into a couple of times. Not feeling safe I moved ...

Hello, I am new to REI and still crossing some bridges for the first time.  My question today relates to the following scenario:I have some kitchens and bathrooms that need to be remodeled in several of my units.  An ...

Hi Professionals, as a land flipper in FL, we send out thousands of direct mailers with blind offer, when seller calls back, we negotiate the price due to some material facts of the land, did not honor the offer price...

Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...

One of the main things guests look when booking a vacation home, is the decoration the home has. The more updated and decorated is, the faster it can be rented and you can justify high prices better. Some ideas are tu...

Question for the CPA's and Tax Lawyer's out there.If I own a rental property within an LLC and I (or my spouse) meet the criteria for tax purposes of being a "Real Estate Professional" would Self-Employment (SE) taxes...