If a tenant leaves the property damaged when they leave, do I need to have a professional estimate for the damage or can I just use reasonable repairs cost by myself?

Also how do you handle returning the s...

I think it's completely ridiculous how you cannot edit or revise your posts. Especially when you're posting in the market place. Wording your post properly can definitely change the image of what you're listing in the...

We are looking at a live-in flip and want to make sure we're able to write off all the improvement expenses when we sell it. Is it best to have the property in an LLC or our personal names? I wasn't sure if we'd be ...

So I’m in a pickle and don’t know what to do. I have two cash flowing properties and told my new accountant that I am an investor and am looking to buy more properties. I got my returns back and my accountant had both...

If I own an LLC that sells engineering consulting services for, say, $20,000 in a year, can I use that $20,000 to make a downpayment on an investment property, and then tell the IRS the LLC had $0 profit?

I ran across an article (I think it was CNN) that made reference to some change to the tax code that was included in this new stimulus bill. Something about a change to depreciation limits. The article framed it as ...

Hello all! I have a rental property that has an ARM and a our current residence that has PMI. Question is do we pay down to get out of PMI or do we pay off the rental? PMI is about $90 and interest on rental is about ...

Hello,Hope everyone's New Year is off to a good start! I'm writing to seek advice and guidance on my next step in REI. Here's where I sit and what I'm planning next: I own two properties about 1/2 mile apart. The firs...

I am planning to take mastermind courses for real estate investment business. Different programs costs $2000-$13000, yet to finalize. I wanted to know what's the best way to go about it so that I can tax write off tha...

I recently wrote about my experience with closing a Fannie Mae Homestyle loan and going through the vetting process for general contractors. Fast forward sixty days, and I wanted to provide some insight into renovatio...