I am analyzing a potential deal in a B neighborhood. It is a 30-year old four-plex with the asking price of $415,000, NOI of $29,000, putting the property at 6.99% cap rate, cash on cash return is around 10%. There is...

I'm looking into buying a townhouse that's a part of the Villages of Tule Springs development. Initially, I will use it as a second home, then hoping to use it as an investment property in the long run. Any thoughts o...

I am just getting started and have already acquired a great cash flow rental property as well as 2 houses to flip. I like to do things right and I feel now is the time to setup my business structures to be the best in...

I purchased a 4 plex with a VA loan 2 years ago. I really enjoy living here but I want to move out and buy a SFH or a duplex/4plex but I need a 3/2 (Having a baby) But I dont want to sell the 4plex! we've been living ...

Hello,I have been reading about it, but sometimes I find there is a blurry line between one and the other and, in those cases, I would like to know what is better, so that I can choose accordingly. I know that "better...

Just wondering whether you are able to consider a trip to California a tax write off if you schedule a meeting with a real estate agent to look at properties? If so, what kind of documentation would i need?

Hello,I'm interested in a few properties in Plymouth County, Massachusetts that are being sold at trustee/foreclosure auctions.  I know in Mass, that they are auctioned off on the front steps of the property, and that...

In August of 2013 I paid $7,680 for lead abatement. I am eligible for $4,500 lead tax credit through the state of Massachusetts. My question is, do I still claim the 7,680 as a deductible repair expense or do I ha...

Hi All,Loaded subject line, but here goes...I'm a licensed Illinois Realtor (about 2 years experience) in the Metro East just outside St. Louis, and I'm just about ready (after much paralysis by analysis) to begin inv...

I have a tax question on water heater replacement. I Know it should be a capitalized expense written off over X amount of years. Last year I replaced a water heater and in doing my taxes using Turbo Tax there was so...