What expenses are deductible when traveling out of town to look for investment property? What evidence must you provide IRS that it is a legitimate search for property?
Frank and Dave are putting on a bootcamp in Seattle, WA on July 17th to 19th, and I was thinking of attending it. I haven't bought the ticket yet but am inclined to do so. There seems to be a lot of good feedback on B...
Two Questions for Oregon Property Owners / Landlords:1 - Can you recommend a good attorney in Oregon with experience in Real Estate law? I do try to keep abreast of the ever changing laws but I'm no lawyer!2 - Can yo...
I'm really just getting going research and planning as an REI and my goal was to start with Multifamily but a SFR has come up to me in Harrison Township, MI. What I find interesting about the property is that it is o...
All – my name is Joey Gross and I am considering purchasing my first buy-and-hold property in the Chicago area in the next year. However, I am only a few years out of undergrad and I am considering getting an MBA in ...
FOR THE LONG DISTANCE INVESTORS ON BP. After reading posts about out-of-state investors owning/flipping many properties they have never seen in person before due to today's technology, I began to think... are there an...
@Brandon Turner recently touched on the deduct-ability of travel when visiting your out of town properties on the podcast, so I thought I would chime in. You may deduct 100% of your transportation expenses only if y...
I am a current resident of the DMV (D.C., Maryland, Virginia) in which I own a multiunit (4 units) and a condo. I am not willing to purchase again, in the DMV for it is too expensive! Originally from Minnesota and des...
Does anyone have any recommendations or tips on opening a Home Equity Line of Credit for an out-of-state property? I live in NC, but I have a rental property in Montana. I contacted a few local banks in Montana and th...