In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive. When you draw down the reserve you count it as income b...

Guys... anyone could explain to me how the trustee guy is buying all his properties? There is this title company that is owned by Mr X and he is the trustee and also investor. Isn't there a conflict of interest that h...

I have a section 8 tenant. The FMR for my neighborhood is approximately $1000 which it turns out is uniform with the other houses around my unit. I am just saying $1000 to round it out and make it simple. The hous...

Hi,Checking if anyone has any recommendations on how to go about setting up llc and how it impacts personal loans for the same. Looking any recommendations for companies that help setup llc For properties in Dallas ar...

for the past couple months while working on my fixer, on the sidelines had been dealing with alot of stray cats on the property (its a huge lot for the area) and 'catching' the feral cats and taking them to the shelte...

Hi All. Has anyone purchased real estate from a non profit organization?

How difficult was it? Did the house have to be appraised? I'm assuming the board had to agree to the sale?

Hello!  I'm interested in pursuing my real estate investment goals through house hacking. Typically this is done by young investors, however with a young family (two kids currently 4 and 2) I understand this is not t...

Attorneys are people too:There’s a movie I really like called “The 13th Warrior.” It’s based on the epic of Beowulf with a few twists. There’s an extra character, played by Antonio Banderas, who ends up being the epic...

I decided to form an LLC for my future plans to both flip houses and build a rental portfolio. I want the asset protection the LLC provides and the EIN so I can easily apply for a business bank account. I quickly ju...

Hello,
I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for an...