Hi all,I know the *real* answer to this question is ask an accountant.  But I dont have an awesome real estate savvy accountant yet and sometimes the best advice is from people who are experienced in doing it.We are i...

I bought a SFR with a completely built out In-law suite in the basement. My tax person says I can deduct a % of the repairs I've done based on the SQ Footage of the basement unit. Seems clear enough. However I am also...

Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose. In doing so, one of the main step is keep all the funds separate from personal funds, w...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $180,000

Cash invested: $51,000

This was a 3 unit we purchased for the purpose of Short term rentals in Wisc...

I am a bit confused, why we constantly get phone calls on our business line and when we answer nobody’s there. What purpose does it serve a company to call people and not have some sort of system in place once they an...

Hi all,I just passed the real estate license exam here in Chicago, my intention is to do this for family business purposes and am looking for a favorable commission structure. I found one brokerage, Kale Realty who ha...

I own an LLC and I am trying to lend a friends LLC money. Does anyone know what and/or how that would come about? Mainly for tax purposes?

Thank you!

Hello, I have a rental duplex at Portland, OR. I've just installed the water sub-meter for my tenants to pay for their water/sewer, I want to make their bills by myself without using any Billing Company. I would be gr...

Have a question regarding legal structures of setting up for Buy to Rent.Acquired a three bedroom a few years back in NJ that I am looking to start renting out early next year. I am still paying off the mortgage so th...

Hi all,
I have a question for you all about websites.
My wife and I are full time real estate investors (flips, long term rentals and one STR). We invest in our local area and also out of our province. I’m wonderin...