If I buy a 3-flat in Chicago and live in the top unit, can I depreciate the entire building normally as I would as if I was an investor who did not live in? If not, would I be able to depreciate 2/3 of the building?I'...

My daughter is currently living in a property I rented in the pass to non family.  In 2019 she moved in,  however, she is not paying rent or any of expenses, ie, utilities, electricity, HOA, etc.How do I handle this s...

I live in Ga and I recently decided to rent my home. I created an LLC and I will open a business account for the LLC. I am new to this and I have a few questions:

1. Should the tenant make payments to the LLC

2. S...

Hi, I am building a spec home. Its a 2 unit town home and i am going to be living in one half and selling the other half. When the sale takes place it will knock a large percentage off my build cost and i will Cary th...

Found live termites in my rehab. They were between the sub floor and the underlayment. Is this a DIY project or would you hire someone? And do I have to start tearing out all the sub floor damage? And if I do hir...

I live in South Carolina. Does anyone know or can tell me how to find out if I am responsible for any liens on foreclosure auction property? Looks like owner has a few second mortgages, too, although the bank is jus...

Does the 2 Year Home Sales Exclusion apply to Apartments 5+ Units? (If you live in one of the units 2 out of 5 years, can you avoid paying capital gains?)

Hi all!I have listed a couple of small (ish) apartment buildings in St. Paul, MN. I've creeped on my realtor data to see where/who is looking at my listings and most folks are from out of the area. My Research contact...

Hey everyone, this is a question from a renter's perspective. I had a dog at the last place I rented, and when the new tenants moved in they complained to the owner about bug bites. It was something I had dealt with i...

Does anyone know if it's ok to do a 1031 exchange and use the money to jointly buy property with somebody else or does the owner have to be the same person and no one else?