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All of us who manage property have dealt with unimaginable circumstances: tenants can drive us crazy and vendors can test our patience. What are some of the craziest, weirdest or most shocking experiences that you hav...
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The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
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Huge news story here about charges against top Enron executives.
The prosecutors have got to be feeling pretty good right about now... they got almost all of the big fish and they got them for huge crimes. Reminds m...
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We have almost $30k of built up passive losses from depreciation, repairs and improvements. Due to our income being over the AGI cutoff we are only able to apply these losses to the cash flow of the apartments we o...
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A lot of noise has recently been made about incoming 1099 expansion.Good news first: at least for now, the IRS cancelled its plans - https://www.irs.gov/newsroom/i... This relief is temporary, only for 2023, but we ...
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Hi BP, I'm currently working in getting a property under contract and if seller accepts my offer I'm looking to go with a double close. Now i have been researching a lot of transactional funding companies and emailed ...
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I am thinking about doing a 1031 exchange and I have a few questions...
First, can it be legally done without a real estate agent to save money? And how?
Second, can it involve my home that has an owner carry back ...
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http://www.cnbc.com/id/102816266China market has fell about 50% today... Trade has stopped...Predictions about US economy? Discuss
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Hello All, If you click on my profile you will see I use the Stock Market to raise funds for my REI. I want to share some insight on trading your way to success. I cut my teeth on FOREX trading and moved to Stock Inve...
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Back during the housing crises there seemed like an almost daily update of companies going under, job loss, foreclosures, etc. And while we aren't there we had a pretty big announcement today after Fannie Mae and Fred...