Due to a bad window replacement and siding job back in 2016, water was been coming in around the south facing windows every bad rain storm (like once a week in the PNW). We tried caulking up the area but that doesn't ...

Hello, I’m getting ready to file my taxes and add in my rental income. My tax advisor is saying that because I rent my two properties below fair market value that the IRS doesn’t count my rental income because I’m not...

So, we've got this one tenant that has always been a thorn in our side. He always pays a week or two late, although he always pays the late fee so it's not a big deal. But, and this is the key part, is that every ti...

Hello everyone!  I know the criteria to be a RE Professional is 750 hours in RE and more hours in RE than any other job.  My accountant told me that I need to spend 750 hours PER PROPERTY which does not make sense.  H...

Sorry for the Tarzan title, but I think it covers the bases. So I’m a W2 wage earner in the 33% tax bracket and my wife, who has no income, logged 750 hours on our rental house last year to qualify as a real estate pr...

Relative beginner here, I put an offer on a 2nd lien for 14K non performing note in Florida. The home is in foreclosure and the judge just granted the note holder a default judgment . The back taxes are 2k as the firs...

Interesting article from Working Real Estate Magazine about the origins of RE Disclosures.
Agent Disclosures and "Reasonable Diligence" - The Lawsuit that Started it All

by Isaac Peck, Editor
If you've been a re...

Everyone has a quote or motto that keeps them motivated and moving forward. For the Marines it is, Semper Fi which translates to "Always Faithful." For the Army, "This We'll Defend." For me, it is the famous quote by ...

In your state, who customarily purchases (pays for) the title insurance policy, seller or buyer?And in the scope of investment property bargains, ie distressed sales, cloudy titles, etc, does anyone these days still b...

I recently purchased a small multifamily property that came with tenants. A tenant in a ground floor unit reached out over this past week asking if I would install a screen door as "the previous landlord had promised ...