I'm not really sure which forum this should be in. But my question is, how do tax write offs work as far as repairs and upgrades are concerned? I have read and heard some people say any repair and/or upgrade you pe...

Hi all please provide Best Real Estate based Tax Strategy to Get Tax deduction Benefit to offset YouTube Income for a 16 year old and can he be on a home title of ownership. what avenues are Youtubers employed to get...

Hello, I'm a real estate investor, and my partner and I own a decent amount of properties in PA, and we are looking for an oit of the box thinking tax advisor that will help us to do tax planning, reduce the amount of...

Hi,

We sold the commercial building and paid off the bank loan, plus personal money to close the deal.

1). Is this company expense?

2). How do we show bank loan pay off and our personal money?
...

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I have a another quick question. I have two people that need to sell there house but they are working with a realtor. Is it possible for me to put them into a contract? What do I need to do? Thank you

I've come across a 2 unit town home, upper/lower units that was marketed at $195k. ARV of comps in the area would be around $200-215k. I put in a bid based off of Cash-flow and ROI metrics and was accepted at $170k. S...

One of my best friends posed a question to me that I couldn't quite answer.  He's a renter and he asked me the following:Are there any creative ways to lower rent?  I'm a landlord myself and offered my own experience ...

I am looking (if anyone has one) for a lease addendum for work performed in exchange reduced rent.The situation is a guy my investor uses for work, just got notified he will have to move out immediately. We have a pro...

I searched the site for some basic information on this, and didn't see much in the specific area of exemptions, and that might be because there really isn't any (sad face).I do know the lot of you are much more intell...