Ok so we closed yesterday on a duplex building considered a condo and there in an association. Obviously we made sure with them prior to purchasing that we have full intentions of renting it out. The rules say that’s ...

I partnered with someone and we just closed on our first property. It’s a 2-family house and we put 10% down. Most of our personal cash is now tied up with this property. What are the financial strategies to get that ...

I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...

We have rented our (formerly primary residence) out for the last 7 years.  We did not intend to sell it, but recently found a nice duplex in the path of progress (lots of potential), and have decided to sell the singl...

If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?

I have been told vari...

This year we purchased several bank owned properties requiring moderate rehabs. We spent 12-30k on each house to get it to an above market quality for rent. This rehab amount includes:
Contractor Labor, carpet, paint,...

Hello friendsNew hopeful investor here. I live in BC, Canada but I think, after researching and reading lots that I am going to try and find a SFH in Alberta or Saskatchewan (looking at Edmonton and Saskatoon currentl...

There is an official guidelines that yearly repairs and improvements expenses for a rental property should be below 2% of the purchasing price. For example for 100K Douplex we will spend no more than $2000 during the ...

I own my home and would like to buy a new home to live in while turning my current home into my first rental. I have significantly improved the value and it has probably appreciated a bit on its own. My question is do...

Greeetings! I could use some advice on my 1031 options. I own and rent out a NYC 1BR co-op currently worth around $400K while living in the city suburbs (in a SFH that I own with my husband). We are planning to reloca...