I know a lot of people on MF use anywhere from 20-25% set aside between Vac, Maint and CapEx (trio) which is fine. My question is, is there a level you are comfortable setting aside? Let me explain via an example.Let'...

whats the best way to pay out proceeds from the sale on a fix and flip for tax purposes for people that was involved in the investment?

I'm not sure if I've succeeded or failed.  This is my 8th year using TurboTax.  I put in the Schedule E's for my two completely-owned properties and for my mortgaged property.  I put in my W2 and my wife's W2.  The so...

Project: Mobile Home ParkWith the click-bate title aside, I found a small mobile home park that seems profitable as is. Also, there is some value add upside. It seems like we can refinance and get a large chu...

Recently I had a tenant break a lease with 3 months remaining. The unit was in good condition, but she abandoned the property and simply sent in her keys (not written or verbal notice).I was able to find her new addre...

Project:  Mobile Home ParkWith the click-bate title aside, I found a small mobile home park that seems profitable as is.  Also, there is some value add upside.  It seems like we can refinance and get a large chunk of ...

First off, I spoke with my CPA regarding an LLC and I'm wondering if she is correct regarding the taxes on an LLC.  She stated that if I were to buy and sell a property under an LLC that the entire gross amount would ...

I purchased a 3BR 1.5Bath fixer upper in a nice neighborhood and moved in May 2014.  I purchased it w a 203k FHA Loan.  Purchase price was 135000 and the property appraised for 155000.  I borrowed an extra 9000 w the ...

Newton's law of tax: What goes down must come up.
Everyone enjoys the sweet benefits of bonus depreciation, but what happens when you sell?
A post on recapture.
People are concerned about recapture when they cost s...

Is there anyway to minimize or avoid agent costs, I don't have much scope for profit if I pay agent costs, what options typically one has