I've got a property that I've owned a long time and it's been depreciated down to practically nothing (condo, so no land). I'm selling and I have a buyer if I will hold the paper. Say I get 20%dp, interest only and ...

Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...

Any tips on getting tenants to read their lease? Sure we can make them comply but it would be nice if they knew what was in their lease so we aren't the 'bad guy' enforcing aspects of the lease they were willfully una...

Hello All,I just got back my K1 from the accountant on a property that I purchased in 3/2013, rented out and then sold in 6/2014.  The K1 has all of the profit listed on line 1 as ordinary business income and does not...

Hello I am thinking about buying a 2 family multi in NJ. This would be my first rental property. The place is great, not a lot of work needed. The only real problem is the current tenant.

She has lived in the ap...

Do you always charge late fees?

Let's say you have a flip that has an ARV of 600k (in Denver that is approximately average house price now).  70% of that is 450k.  Probably needs 60k MINIMUM for a nice flip.  That means you have to purchase it at 39...

Hello all, I am new to real estate investing and have been educating myself for the past year or so and decided to finally pull the trigger. After looking for a bit, I found a Duplex that will cashflow pretty well. I ...

I have a tenant who's been great for the past few years.  She moved in with her son and daughter who were in high school but have now grown.  The son has moved out and the daughter has a boyfriend who just moved in (w...

If I purchase a home for $25,000 cash, then spend $15,000 to fix it up, then refinance at an appraised value of $100,000(just an example), would depreciation be based on the $25,000 plus improvements or would it be ba...