How can I submit an offer for a rehab house when I don’t know how much the rehab will cost me to see if I will make any profits? By the time I get contractors to get the estimates the property is long gone! Submitting...

Does anyone know if mobile homes on leased land (no parcel) and
seller-financed would be eligible for installment method reporting since
they are (i) personal not real property, (ii) the notes cannot be
consider...

Can someone tell me how long is QC status I’m new at this and trying to figure things out 

Hi can someone tell me how long do you stay in approved status before it says paid I have been in approved status for a week now 

Hello,To start off, I contacted my accountant and he said he did not think I would qualify.I'd like an opinion here because I'm not sure I agree. I could be wrong.I work a W2 job for a city as a comissioner in the bui...

Question for my 2022 and 2023 taxes:I qualify as a Real Estate Professional and I did a cost segregation last year. That led to a qualified business loss of 78k to carry over from 2021. For 2022 tax year I am going to...

Good morning,
Can anyone tell me what the status is for evictions in Virginia, specifically in Norfolk? I have a new tenant since September that has been late 1/2 the time and now he only made a partial payment in De...

Hypothetical situation: If I am working towards material participation hours on a relatively small property in terms of total value but get there in terms of the technical hours and the test, and say later in the yea...

Can anyone please clarify this- I have read and heard multiple times that if you spend more than half your work hours in RE you may classify yourself as an RE proffesional.  Of course, the benefit of this is to be abl...

From the handful of areas I have looked at, the vast majority of condominiums (condos) that had achieved FHA-approved status have allowed their approval status to expire. I am trying to figure out if having a unit in ...