Hi - I am closing on my first rental property. It is a buy and hold single family home that will be rented out to tenants. Is there a specific type of coverage I need to have or any specifics that need to be in my cov...

Quick question for the experts. I am planning to purchase a fix and flip property and I always buy a couple of new tools in the process. Mainly because I have a tool buying problem...anyway. my question is if I had to...

HiI live in California. I took out a HELOC on my primary residence and used the funds as a deposit on another property which then became my primary residence.  The previous primary residence was converted into a renta...

Hi. First post. 😁I understand that to determine depreciation, one takes the FMV minus the cost of the land and divides bu 27.5, correct?However, how does one determine the cost of the house(alone) on the property? Is ...

Similar to like Airbnb / short term rental, are there more options related to real estate investment, which can help with tax deduction (i.e w2 income ) what other strategies helping you ? (not looking for passive ...

hey guys! so im in the beginning beginning stages of my real estate career. I just recently bought a house im in the middle of trying to flip that I bought 2 months ago. I opened my own LLC in December and I was wonde...

Bonus DepreciationIf i purchase a new construction as investment and put in service for rental, upgrades on top of the base price of the House(As sold by builder), can I deduct it on year 1? Example, if I upgraded t...

I own a LLC(100% sole owner). LLC has been registered for real estate renting. This LLC owns a commercial property which is having a net income of $1000/mo today. Can I buy a new home in this LLC(bank willing to provi...

Greetings,Follow up question from previous post. OOS property had a leak. Plumber  (pre-leak) who had replaced washer shutoff didn't replace adjacent pre-existing low quality connector which cracked (source of leak); ...

Insurance seems to be very high in the Smoky Mountains region since the fires of 2016. I can keep the premium affordable if I opt for a $10,000 Deductible. My question is, how often people make insurance claims? Have ...