Due to an error made by my local county my lot was valued from $55K to $1.4M. The land was bought by a trust where I am the beneficiary, spoke to the relevant officials and they agree with the anomaly however they ...

So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...

Really quickly about myself: 36/married/california and started in REI (out of state buy & hold) about 2.5 yrs ago. I started looking for a CFP just to get a third party to look into our finances and advise us on w...

Just read an interesting article in the Washington Post about a home loan program that rolled out a couple weeks ago for low to moderate income home buyers. If there are any lenders out there spearheading this, please...

Hello all,Writing to get some bookkeeping advice. I am looking to move up from just excel spreadsheets and it appears that Quickbooks is the most liked option. Writing to see opinions/options on bookkeeping software a...

Hello,

First off, I just want to thank everyone here. You guys have been great at answering questions. I feel bad not really being able to contribute much back.

I do have another question I hope you guys can help ...

Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...

I am new to investing in real estate. Can someone help me. I am a veteran. I can use a VA backed loan. After purchasing a property I plan on holding it and using it for short term rentals( Airbnb / home away).
Does a...