Ok bear with me. I know this is a real estate forum but I just had a provoking shower thought ( I hope I'm not the only one who thinks, sometimes too hard, in the shower). When it comes to seller financing for real es...

Hypothetically:
After expenses our passive profit was $60k in 2022
My wife started working on our rentals in august - ( not enough to become a REPS) the same month we bought a car for 100k that she used for business...

Hello all, I bought a new truck for my business last year and claimed the entire purchase price as section 179 depreciation. I have a separate car for personal use so I'm currently using the truck 100% for the busines...

I was wondering if you folks are deducting mileage expenses from driving to and from your rentals, for the purpose of showing the property, placing tenants, and doing repairs. To clarify, this is not with a business '...

Hello all, This is a newbie flipper who is about to sell my flipped house.I bought the property with a name of LLC and I have one question while selling it.I assume that I will receive payment for selling the house as...

Hey guys, I would love to hear some opinions on my personal finances. I'm a 23 year old fireman in Texas. I make a decent salary and my wife is able to stay home with our two kids. We are able to live confortably beca...

The cash pile (well digital that is) is adding up. Who here knows whether Barclays or Ally bank are a better way to go for high yield online savings account?Barclays is 1.85% per year and Ally is 1.8% for Ally bank. T...

I need to spend some money and cut down on taxes. CPA advises I purchase a vehicle so I'm curious about the advantages and I'm very short on time because it has to be done by December 31st.I understand what type of ve...

Start Small and make your big mistakes Early.
Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds. Everything else you can mess up and not get to...

I just took over managing a vacant property and there is a leftover truck. It's been sitting there for at least 5 weeks. Would like to get the property rented quickly, but no one wants a car blocking a driveway.What w...