Looking for some insight, and I realize this may be a bit complicated for this forum, but as I am not a tax professional it may be an easy answer as well. Some basics…
My wife and I own a property with 3 STR on the ...

Can you like-kind exchange a 3 family the owner is living in to a 2 family that the owner will live in?

Hello,

I was thinking about using a company (Nationwide Rentsure) that provides rent income protection during eviction proceedings. They handle evictions, pay the rent for the duration of the eviction and pay up to a...

I have a quad w/ 2 units on LTR (1 Unit needs Reno, once a tenant moves out) and 2 units on STR after conducting a cost-seg and using the STR loophole with material participation against my W2 income would the entire ...

There is 2 ways to go about utilities:

1. Sign up the utilities under my name and pass the bill on
2. Have the tenants sign up and pay the utilities.

Is there any paperwork I have to do to change the utilities out o...

Hi everyone,I am trying to figure out what the depreciation basis will be for the property that I will be closing in two weeks.I am buying a property with full cash, doing some minor exterior rehabs (place is already ...

We are hoping to close on two single family residences that will be purchased from the same owner. We have offered one lump sum to the owner, but need advice on how we should split the loan amounts.

Details:
-We wil...

Working on a offer on a small park. 19 owner occupied pads, with 30 storage units. 40 year old park, city sewer and water, 1 paved road. What should I budget for repair/maint. and Cap Ex? I have been using 5% for repa...

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Hi Everybody - I purchased a 4 family home in 2016 using an FHA loan and paid 1.75% up front PMI at closing. Does anybody know if and how I can deduct this amount? All I can find online is this is normally amortized o...