Complicated post and I realize this might be more geared to a CPA, but figured I would try here and see if anyone else has come across a similar situation. Will itemize for brevity purposes:- Mother wants to move to S...

Hi all, I was looking for some advice. I have a situation in which an upstairs condo leaked water into my downstairs investment condo and did damage to the drywall on the ceiling of the bathroom, parts of a bedroom an...

A recent post questioned whether owners buy flood insurance. There were a few posts and replies.
I've owned properties and paid insurance on well over 1000 homes in the last 40 years. Do you know how many insura...

Grandfather owns trust, is trustee and beneficiary of trust. Grandfather loan son and daughter-in-law cash June 1994. Security for cash loan was Deed to land. July 1996, son passes. Daughter-in-law had right of surviv...

Hey All! My friend is interested in doing a 1031 exchange with an investment property. Both him and his wife currently own the property in their personal names and plan to maintain that ownership structure when sellin...

I'm currently in search of my first multi-family live-in property. And I've noticed something that was odd at first. Some properties have been listing for say... $500k and after a month or so of no offers, they'll del...

I am having problems qualifying for mortgages and HELOCS. Everyone says my DTI is too high. I currently carry about 11k in mortgages and they are all covered with rents plus cash flow of about15%(this includes my prim...

Hi Folks,Hoping for some thoughts from some experienced landlords. I am trying to choose between two applicants. I think I know what to do but wanted to get feedback. Applicant A:Unmarried couple, very blue collar. At...

My nightmare began when a recent tenant failed to notify me of water damage. I discovered wet moldy carpet in the basement. Subsequent scoping of the main line (and multitudinous other testing) revealed 17 feet of...

I just purchased a property in Florida and did a lot of renovations including re-roofing, HVAC replacement, etc... I wanted to claim it on my taxes but an accountant I spoke with states I can't unless my primary resid...