I’m relatively new to the real estate investing world and continue to focus a lot of energy on education. I am currently focused on tax strategies for our LLC (partnership with spouse).Can we sign a lease agreement w...

I understand with the new tax law that if you use a HELOC on your primary residence to purchase (possibly improve) investment/rental property, that the interest on that HELOC is deductible.  Will this interest be list...

Do you have to have an LLC in order to claim real estate related business expenses? If not, how many deals do you have to do per year so that you are consider as running a real estate business?

Did everyone see this report from AirDNA? Have you found their analysis and property income estimators to be accurate? One of our local markets is #5 but I think there are other markets in our area that have more pote...

I'm using a CPA for the first time since 2017 was my first year having a rental property. He's my parents' CPA and they have one rental. He told me I can't take any home office deduction (I'm interested in the "simpli...

I just bought a house in my name that I intend to rent out. I paid $46K for it and closed on 14 Nov. It needs around $35K in repairs, and those repairs are ongoing now and should be finished by 25 Dec. I would like to...

If I put $20k into rehab is that entire amount deductible? Also, will it, along with depreciation, offset penalty for cashing out 401k?

My 401k wasn't a lot so my 10% penalty is only a few thousand.

Thanks

Hey Guys,

I'm pretty well versed with doing my own taxes, using turbotax or whatever.. I have the 2008 home and business edition here.

This year I bought my first house, a duplex. I live in the lower, and the uppe...

I wonder if any of you can help me with this.  A group of medical doctors and I bought a medical building last year under an LLC.  We used funds from the medical practice (not the LLC) to do tenant improvements specif...

Hey everyone so I bought Craig Curelop book The House Hacking Strategy and I’m on page 260 so sorry if this question is answered in these last 19 pages but I wanted to ask before I forget lol. I started thinking about...