We are rehabbing an property that we will occupy when finished, what parts of the work etc can I deduct or use to minimize tax exposure on the property?

I have one handyman I use alot now as w...

Happy Holidays to all.I have purchased a couple properties, 6 units over the past 12 to 18 months.I am wondering if anyone has a checklist or summary for a routine walk-through on properties purchased with existing te...

I recently decided to replace many of my windows in one of my multi-unit properties and I went with the contractor's loan company (AquaFinance) to pay for the windows. All in all, I spent 12k on the windows with a 9% ...

I have reviewed the forums and evidently am slow because I simply am not comprehending Cap Rate and the value of using it as a tool. For my quick look, I tend to use Gross Rent Multiplier. These seem much the same y...

Hi everyone.  I live in California.  I just sold a vacant lot in Oregon that I had owned for 2 years.  I made about $20k in profit in long term capital gains.  On my 1040 form, I have about $30k to write off for my lo...

Is there an offer form that is simpler than my realtors standard purchase and sale agreement(fewer pages, or one page). Something more like a commercial LOI. I am buying 2 familys in New Jersey. If I am going to ma...

I just went through a (mildly) bad experience with Section 8. I had planned on renting out a unit to a Section 8 tenant, but when the inspector came they gave me a list of about 30 different things that I had to repa...

It appears from some reading that different entities are able to claim different business expenses against income.Can someone explain the differences in the allowed business expenses that can be deducted when using LL...

I bought my first income property. Using the BRRRR method. Now I'm going through the rehab costs and the numbers are fair (learning curve forsure) I was wondering if there was any way or means to find out how much per...

I've taken some points from various sources and attempted to generate a decent purchase contract on my own for my first MHP deal. I have several "outs" built in, including a 30 day due diligence period, and how the of...