How much of my rental income should I set aside for taxes? I'm almost finished reading The Book On Rental Property Investing and it still hasn't mentioned any guidelines about how much tax to set aside? Maybe I missed...

Hello everybody, Does anyone know a CPA / tax preparer that they could recommend that is investor friendly and knowledge in the Lexington, SC area?Thank you, Jewel

Hello everybody, Does anyone know a CPA / tax preparer that they could recommend that is investor friendly and knowledge in the Lexington, SC area?Thank you, Jewel

Hi Everybody. Great news I closed on my first single family house. We hope to get the renovations started up next week. The question is I live in NY and the property is in Baltimore, for tax purposes is it better to o...

If you are a resident of California, and own property that produces rental income in another state, do you pay CA income tax on that income, or only income tax on the state in which the property is located? 

So I was reading an article where they were saying that money received from rental properties for example is considered passive income.  My question is, if I have an LLC which I want to own my rental properties and th...

I know that expenses on a rental property can be deducted from my taxable income, but what if I quit my 9-5 one day and invest full time? Can I deduct from my cash flow income this way? 

Hey good people,I'm interested in house hacking a 3 bedroom home. Most of the deals that I've analyzed would have me break even or contribute $200 or less towards the mortgage each month.I am wondering how this would ...

I know there are 8 states that doesn’t pay income taxes.  Let’s tax Florida for example,  as an out of state investor, how does that benefit me?

I’m 22 just bought my first property this past April and it isn’t the most fantastic purchase thus far. I’ve only made roughly $700 thus far including equity gain in the property. I do not live in this property and wh...