I have a guy (with 4 yr son) whose background checks indicates 700+ credit score, stable federal job (3X salary vs rent) for last 8 years, good references from past 2 landlords BUT had chapter 7 bankruptcy that was di...

Before exploring this concept with a qualified legal and tax professional, I wonder if any of the community has anecdotal experience around taking a distribution from a 401K and balancing the earned income taxes with ...

Here's whats going on. I want to buy my 1st property early 2016. Ive began getting my credit scores up and im in the high 600's and will be in the 700s before buying. I planned to buy a multi unit from HUD and live in...

My wife and I are fortunate to have steady, high-income producing jobs. Our rental real estate portfolio is also starting to produce a decent income. Our properties are currently held in pass-through LLCs which are no...

Looking for advice regarding landlord insurance which would cover: Rent default up to $5,000, plus associated legal costs up to $5,000Cover for loss of rent up to 12 months while your property's being repai...

Situation: In 2022 I sold an 8 unit complex and did a 1031 into another 8 unit complex and I wasn't able to fully use my 1031 funds. I knew it wasn't ideal for this to happen but I was only willing to purchase a prope...

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.
Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro ...

Hello, Real Estate Enthusiasts!
I'm at an exciting juncture in my journey towards becoming a real estate professional. While I'm all in on this new career path, there are a few things I'm still trying to figure out. ...

I have a young friend, lets call him "Matt" who owns a 4 BR 2.5 BA in a northern VA city just outside Washington, DC.  Matt listed the house with an agent asking $439,000 and hopes to sell it at $430,000.  He is upsid...

The Biden tax plan would: (1) eliminate the $25,000 exemption from the passive loss rules for rental real estate losses incurred by middle-income individuals, (2) eliminate Section 1031 like-kind exchanges that allow ...