What do you do with unpaid invoices in QuickBooks when you know you will not be able to collect rent and the tenant has either broken the lease or abandoned the property? Should the invoice just be deleted?

So I just got the results from the home inspection on a fourplex I am interested in purchasing. The property was built in 1964 and this property needs some expensive repairs :(Some of the repairs needed:2 new furnaces...

I understand that the De Minimis Safe Harbor is for real properties that are less then $2500 each and Safe Harbor for small taxpayers is for improvements that are no more than 2% of the cost basic or $10K whichever is...

I was lucky enough to find a GC which can do almost everything, the company is having 20 employees and with workman comp and liability and license.

My question is how can I manage the project with this contractor whi...

Hi all,I'm looking to see how close to breakeven I could get with some property in my area if I ever move out, but mostly would only be able to afford condos that have $300-$600 HOA fees.Can people give me a sanity ch...

I have a small 8 unit apartment with a common area between the two four-unit buildings.  One of my tenants is illegally parking a motorcycle in the common area and leaving bikes in another part of the area.  Can I leg...

Reviewing our 2018 books.
I am working on breaking out & reviewing our rental expenses.
There does not seem to be a comprehensive list of "bonus depreciation" items for the new tax laws. Different accountants I'...

Many of us real estate investors at one point or another in our REI careers will flip a house or perform a demo on a property. With demos and gutting properties comes a lot of waste. But did you know that you can actu...

My wife and I have 6-8 months to move from Virginia to Florida, shooting for summer time frame. Plan on renting out our current home to tenants. mortgage is $970 and comparable rents in area are between 1700-1900. Wha...

I'm interested in hearing from fellow flippers about how they have managed the process of draws and payments to contractors. I work with the GC at the outset to establish what items will be completed for each draw. So...