I recently have experienced my my first move out. The tenants left a month early. I told them that they are still responsible for the last months rent but I would find a new tenant to replace their time to help them s...
I was hoping to get some suggestions from fellow landlords and property managers on how you might approach this situation.Tenant has been with me for almost a year. She is nice older lady, that has taken good care of...
Hi everyone -
I am considering forming an LLC as a holding company for several properties. What are the pros and cons of using this type of legal structure to encompass a few properties and what advice might one giv...
Hello All, I am just starting an eviction process. Do I need to show the rental income on my taxes or anything like this or even if the case goes to court etc? (Not trying to hide income but just wondering if I need t...
Did you know that the tax code offers many incentives for real estate property owners that have a cost segregation study performed, thus allocating costs to 1245 property?
A Cost Segregation study is an IRS approved ...
Lots of people are asking if they should rent out their own personal residence that they can't sell. Just so you know what to expect:
My next door neighbor was widowed and didn't like the price estimate the Realtor g...
This fitness center had $2,407,081.37 in first year tax savings.
If a Cost Segregation Study had not been performed, the $7.8 Million Fitness Center in Vineland, New Jersey built in 2020 would’ve only had f...
It's better instead to realize there are two tax systems in the United States.
One for the educated.
And one for everyone else.
There are very few actual tax loopholes, which are often remedied with technical corre...
I am looking at Flipping to grow a Personal Injury settlement I'm going to be receiving. I need to protect the investment for my sons as I am out of work with Stage IV breast cancer, with the new treatments out the...
Hi, in 2018 I moved some of my properties under my personal name to a single member LLC in the middle of the year. Should I be reporting rental income & expenses separately during the two time periods, (before and...