Hello all, I want to know what it takes on a day to day basis becoming a real estate investor. I would like to tag along ask questions, help fix little problems and deal with the daily interactions with managers, tena...

Hi all,We're wrapping up construction on a detached ADU on the same lot as our primary residence.  It's a ~500 sq-ft apartment over a two car garage.  We started construction and paid for the bulk of it in 2020.  Our ...

Hey Guys,I have a duplex in North Oakland w/ both units renting at market prices, if not a bit higher.  Lease terms are about to end, and I'm wondering if it makes sense to ask tenants to renew their 1-year lease.  No...

This home that was originally purchased long ago, and therefore property taxes are very low and insurance is low. When it's inherited, how can I keep these two things the same? Is it possible? Does the house have to g...

Hi All,I just gutted a bathroom in my first duplex!  The floors were terrible, porcelain tile over cement board.  The cement board was the consistency of west sand, and after a layer of linoleum/tar paper, I got to th...

Let’s say the roof on your rental property gets damaged from a storm and you claim a casualty loss. At the end of the year, you have a net operating loss after depreciation and operating expenses. Can the causality lo...

Good evening! Looking for some 1031 Exchange experts! :)I have a primary residence that is deemed - 80% rental and 20% primary on my taxes. I am renting out majority of the house. I was chatting with a 1031 Exchange c...

I'm trying to determine how often I should raise the rents on my rental units.  Do fellow landlords raise them yearly without fail or do you all raise them when operating expenses such as taxes and insurance increase?...

Hi. Let's say that for a zipcode the local Section 8 HUD Payment Schedule is $2500 after utility deductions call it $2300. Now let's say the going rent in that zipcode is $2,900 for a non-section 8 program tenant.Ques...

Hello all, this will be the first year I’m able to claim depreciation on 1 of my properties as it is a rental now. What do I need to do when filing my tax return? I like to keep it simple and see the same tax preparer...