My husband and I closed on our first investment property at the end of October, 2020.  We incurred expenses during the last two months of 2020 as we started the renovations on the property; however, we are just now st...

Hi,I am starting out as out of state REI and am realizing that there is a lot of money that gets spent in doing due diligence on a out of state property. For. example airfare, lodging, property inspection, appraisal e...

How should an LLC be structured if you want to pay out to yourself and incur the least amount of tax penalties? Under a corporation?

GroupMy wife and I are slowly proceeding towards our goals of being a buy and hold investors.  We didn't make any purchases during 2016.  How do our treat our incurred expenses during 2016? Thanks

I’ve been a lurker for a little while now. Listening to podcasts, reading and suffering from a case of analysis paralysis. Ready to start actually acting and curious how it works with expenses I incur prior to purchas...

My wife and I currently own 4 rental properties with mortgages in both of our names in Ohio. We have had good success but want to legitimize/protect ourselves/business and move the properties into an LLC only in my na...

I am an Australian who has been living in the US on greencard for 18 years.I am curious what options there are to keep my rental property (8plex) here if I return to Australia.I know it is not a simple question, and t...

If my friend buys a house for me in my name and we have a personal loan on the amount used to purchase the home, is there anything illegal about that?As a second option, if we go the route of him lending me the money,...

Does anyone have any good spreadsheet or accounting tools for the small investor. (Currently have a 2-unit in my portfolio)? 

I purchased a mobile home out of state a couple years ago and decided in 2023 to remodel and get ready to rent. I rented it on December 1, 2023. Can I deduct any expenses incurred throughout the entire year 2023 for t...