Hello again,I plan on using the 1031 exchange in the coming years to upgrade from SFR to either 2,3,4-plex or a small commercial unit.If I say 'season' my SFR property for 1 year so the income shows up as net gain or ...

Can I add my primary residence to my rental portfolio and rent to myself?  Because of the new limitations on mortgage interest and state income tax, many can't fully utilize the deduction with a $10k cap.  Can I rent ...

Do I need a license to be a real estate investor?

This started out with me trying to do something nice for my tenant! LOL... I was going to replace the carpet in 3 bedrooms, and replace the tile in the kitchen, right after she signed a new lease. However, my installe...

Does anyone have experience in owning ice machines. I'm talking about something from Twice the Ice, Watermill Express or something similar. It seems like a good opportunity. The initial cost seem low compared to other...

Hi everyone,

Several weeks ago I saw a house for sale in a local "MLS-type" of website that caught my attention. It was listed under price for the subdivision and it had been on the MLS for 40 days when house...

I have a question regarding the Cap Rate formula that someone told me about today. From the information that I gathered on multi units, you take the yearly income on your investment minus the yearly expenses, then mu...

Hi, my husband and I recently purchased 2 duplexes in the north Texas area under our names. We are wondering if we should put the leases under our LLC as a way to protect ourselves? Is there any tax benefits for leavi...

Hi everyone!  Normally, when you sell a rental property for a gain, you should do a 1031 exchange to avoid paying taxes, however, if you have a huge business loss on a schedule K-1 for given tax year, might that be a ...

A little background. I am in the process of purchasing 3 properties from this seller. I've mentioned to the seller that I would like to get more properties off of his hands (he is retiring) but i do not have the funds...