I picked up a new tax accountant this year hoping to get help with this issue... and not only are multiple things incorrect on the return I just got back to review, but some of her advice seems *off.* (For example, I ...

I am a Real Estate Professional who bought a Property Management Business a little over 2 years ago. Within that time frame the business's revenue has grown significantly and has outran my tax write-offs from buying t...

Hi all, I have a question hopefully someone with some expertise may be willing to help with? Should I 1099 an investor for only the profit or should I 1099 for the initial investment and the profits?Back story... A fa...

I came across a few properties that are vacant and the owner is deceased with no will, No children but some family members I could skip trace. No probate is open. What can I do to see who owns the property now to make...

Hi all, I get a professional tenant, who breached the lease in several ways:  Hot water heater Storage room use as a bedroomNo payment of May Rent.Subletting without landlord permissionKeep the cat in the bedroom with...

Let’s say my property rent not NOI is $1m a year.
All tenants pay online using an online service or app etc.
I have a property management company that I pay 10% so $100k.
As the property management company manage...

I got my first flip on the market and have no idea about taxes at all. We are approaching the end of the year and I have always had a w-2 job or was in the Navy so taxes were very simple and I could do them for free o...

I just love when tenants get all hostile when it's time to move out and their security deposit is on the line.
Would you charge for carpet cleaning in this case?
Tenant lived in the house for 4 whole years. I know t...

Getting right down to it, I am contemplating cashing out my 401k and taking the early cash out penalty, to fund my first step into the BRRRR strategy. I have been self directing 50% of my account for about 3 years and...

After the previous tenant moved out on April 2, The House needs lots of repair works. It includes throw tenant’s leftover to a dumpster, change the floor, clean the yard, paint the whole house, deep cleaning the whole...