Can anyone tell me exactly what part of sec 469 of the tax code that explains what qualifies you as a real estate professional? I am having a disagreement with my CPA. He says that you have to have a 7 days or less on...

I've only invested in multifamily and mixed use property. Curious about switching over to commercial with a existing corporate tenants with absolute NNN leases for min of 10 years left on lease. Tired of dealing with ...

I buy and flip houses as well as by rentals throughout the year. Currently, I am set up under two separate LLCs for protecting my rentals in case I get sued over a flip. However, I have been thinking… If I flip house...

I think I know what I am going to do, but wanted to ask other investors how they would handle this situation:
A guest brought a 2WD in spite of my 4WD requirement, and got stuck up a 1-way gravel driveway. He had ki...

Check out Citi's quarterly balance sheet - they're down 120B in assets, have reclassified ALL prior year quarterly/YE balance sheetswithout saying a word as to why.

Heck, just watch the Q3/Q4 blowout of the TARP moni...

Hello BP,I had a couple sign a 1 year lease with me and pay a $1000 security deposit on May 8th. Their move in date was set for June 30th. I was notified by the couple on May 24th that they want to break their lease b...

I know that I will have to file state income taxes due to the various K1's on RE equity deals.  But, some of these investments are in states without individual income taxes.  I am investing as an individual investor a...

My tenant’s lease is up at the end of august and they don’t know if they want to renew a lease because it’s too expensive. The average rental around the area for a 2b/1ba is around 1500$. They are good tenants and I’d...

I am bidding on a $230K market price property, where I will probably add $20K of equity thereafter in form of upgrades. the land is appraised at $100KI by tax man. This will be a rental property.

I solicited quot...

My Brother-In-Law bought a condo in Sacramento about 6 years ago when the home prices there were still very high. He initially had a good investment going for him, but now things have radically changed.

He owes $105...