My wife and I have an LLC which holds a small portfolio of single family homes. I am considering purchasing a vehicle to be titled in the LLC. My thinking is that the deprecation + gas + insurance + maintenance i...

With your units that have carpet, do you charge the cost of professional cleaning back to the tenant from their security deposit? Or is that just standard turnover costs that you assume? Wasn't sure how to approach th...

Hi BP,How can I prove that I am paying my kids for painting work for my rental properties? I think it will help to write off for tax. Right? But not sure how without official invoices.

Hello community, I was talking to a financial advisor and he brought something interesting to my attention that I wanted to ask you about.

The advisor suggested that for my personal residence I should buy a house ins...

With the new tax law, our primary residence mortgage interest doesn't have tax advantage anymore to my understanding. I however own other investment properties , and there is one that is actually paid off. Would it ma...

Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...

Hello - I am a newbie here..i am trying to refinance my primary home and the lender offered to cash out and payoff my rental property.  Below are current mortgage and refi detailsprimary home - 15 year/3% fixed / stil...

     I hope someone can help me out. I would like to ask seasoned rental property investors with rentals in Indianapolis which company they use, maybe I can narrow my search, or find the right broker. I am in contact ...

I recently had a long-term (5.5 years) tenant move out. She was a fantastic tenant—always paid on time, easy to work with, and took good care of the property overall. She did move in two cats during her tenancy (with ...

Tax write-offs such as depreciation, mortgage interest, property taxes, and operation expenses...etc apply to both rental properties (property for rent) and personal properties (home for personal living) right?