Hello everyoneLong story short.... bought another house,and was set on making it a rental, but there is real potential to renovate the house and make a decent profit. I have all the numbers in place, and of course whe...

Hi all,I'm a Canadian investor investing in Upstate New York. I'm looking to incorporate sometime within the next week, as my lender only deals with Corporations. Being Canadian, there are different tax implications s...

Looking for input regarding the pros and cons of withdrawing from a TSP (= govt 401K) plan that is just sitting to use to purchase an investment property. I'm no longer a W2 employee so I am not currently contributing...

Zillow consistently underperforms on its commitment to Real Estate Professionals. BEWARE of the Zillow scam which requires Agents to sign a term contract locking in their income and based on my experience provides the...

I am an out of state investor from CA investing in MI. I am currently setting up bank accounts for my first two LLCs ... the parent company and the child company to hold the properties in.  The bank accounts need an a...

Hello Experts - I'm new here, just started renting my property. I have a couple of questions and would appreciate if someone can help:

We lived in our rental property until August 2023. Regarding Tax, Insuran...

I bought last summer a house as a first-time home buyer with a conventional loan. My wife and decided to continue renting for our selves and rent the house out because it made sense. We kept the house for about 4 mont...

Would appreciate it if any investors or CPAs can answer my questions. I own a duplex in Ohio and live in CA. I own it under my own name. There were some repairs I had my handyman do that had a cost plus the sales tax....

We set up an LLC in Q4 2023, so there was no business activity last year. How should I file federal and state (North Carolina) tax return? 

I converted my primary residence into a rental December of 2022 after buying a new home. After a mediocre year of renting we've decided to sell. Will we owe capital gains tax on the rental property after just one year...