Hello! So long story short, I had a boiler specialist out to our property (closed last Thursday) to see why it wasn't getting warm. They opened it and said it's very, very obviously a hack job and they even had speake...

I'm an active investor, but I don't qualify as a professional REI.  I'm trying to understand what types of business related expenses I can deduct.  I have created an LLC that I will be using to buy my investment prope...

3 or more reasons WhY Commercial properties are vastly superior to residential properties:

The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential ...

Hello there. I have an interesting question regarding a 4-plex we own that is on septic. We had it pumped yesterday and in addition to being full, the plumber had to auger the line due to back up. Of course it was gre...

Hi everyone.
Any advice on how to inspect a townhouse, in terms of what to check, whether I should move tenants belongings around to see the walls and floors, what tools to bring, etc. etc.?
Thanks in advance!
Paul

I have read through many threads and get the idea that many people are under the impression that they can deduct their own time on federal taxes. By own time I am referring to completing required repairs, managing ren...

Hi everyone, I'm flipping a 1600 sq foot property and need some help evaluating a rehab bid. Here's the labor bid below. 
Keep in mind this is JUST for labor (no materials), and the property is dirty but just needs a...

I just bought a house-hack 4plex in 2020. I don't have any other rentals. Filing taxes now, so just had a few questions. 
1. When calculating depreciation, I heard you're supposed to use the assessed value based on t...

I am finishing a flip which I own outright - have the deed in hand.  Why am I having such a difficult time finding a lender who will help see me through the end of my flip?  They all want tax returns, income info.  It...

Hello investor friends! I hope all your ventures are going well,I am beginning a new construction project and was wondering what the average cost is for site prep.The lots are flat at .023 acres each.  Only one obstac...