Here''s my situation. I purchased a rental property in FL in late August 2019. The property was brand-new built in mid 2018 but evidently was not fully completed in the inside of the house (for whatever reason) until ...

How does taxes work for wholesale income? Specifically is it considered capital gains even though you get an assignment fee?

I'm a new investor on the southside of Chicago closing on a two flat next month. I will live in one unit and rent the other one out. I have a 203k rehab loan. I have a HUD consultant too. The scope of work mainly cons...

I recently had my Texas rental property taxes reassessed to a higher basis and am looking to appeal the assessor's decision. I remember seeing a bunch of mailers from attorneys specializing in tax reassessment for no ...

Wife and I have a few separate retirement accounts throughout the years of working at different places.  None of them have the capability to direct the custodian to use the money for real estate investments.  1.  How ...

Hey Everyone!Quick question for y'all who may be able to ease my curiosity.I was originally supposed to close on a property back on Nov 18th. The wholesaler reached out to me and said the seller was taking longer then...

I am in the process of purchasing a multiunit where I will owner occupied. I am trying to figure out how to properly estimate water, sewage, trash and bake them into Rents.  The building is currently under contract an...

Hello I have tenant who called the rental Management company stated the A/C wasn't working.  The rental company called A/C company and all it was a tripped breaker.  Cost is $75.00.  who do you think should pay for su...

Does anyone have any insight on what banks in the central and western part of Massachusetts, or any banks in MA for that matter, who are more open and willing to lending commercial loans for multi families in the 3-5 ...

Hi all!I’m in the Kansas City area and have had the dream of getting into home renovation and rentals for several years now and am at a season where I can finally pursue that intentionally. I’m partnering with a frien...