Context: Detroit, SFH tax-foreclosures...properties ranging in value from $3K to 30K....no mortgage financing, only cash purchases between investors or investor to occupant / tenant.Questions: Are there any legal issu...

Hi.  I currently do all my real estate investing through my Self-Directed IRA LLC.  Consequently, I don't need to report my income since it all goes back into the IRA.  Up until now, I've been investing on my own, but...

I purchased a property in 2008 for the purpose of having a 2nd home / vacation home specifically for our family's use (not rented).  As we found it more difficult to get to the house on a regular basis, we made the de...

Our tenants are required by their lease to change out the air filters for the Hvac on a regular basis. They did not do so causing poor circulation which caused an ice build up on the less than two year old air handler...

Hello BP Members - I have a self directed IRA (traditional) and plan to use it in a flip transaction with a friend of mine where the IRA would only be an equity partner. Is this a strategy I should use? Will the IRA b...

For the out-of-state investors, how do you manage and monitor your rehab work from long distance without traveling to the site on a regular basis?
Regular Facetime sessions?
Hiring project overseers?
Ask for daily...

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...

I'm a new to-be real estate investor and I was wondering if I will be able to write off travel expenses if I do not own a company.For example, I'm looking at purchasing a property outside my local market.  I do not cu...

Hi all. I've been purchasing properties to hold and rent for almost two years now and am not quite sure how to handle the property insurances coming due. When I purchased these properties, I paid for the homeowners ...

The tax publications say when converting a personal home to a rental, the basis is the lesser of the FMV or adjusted basis. 1. Is there any rule saying one couldn't do a cost segregation when converting, to bonus depr...