I have search for a while on t his specific question but cannot find an answer. When filling out the IRS SChedule E for a multi unit property,

do i list each apartment separately or do i have to list it as a "pro...

Hi everyone,
I recently purchased my first single-family property in 09/08/2023 and converted two smaller rooms into rental units while occupying the principal room. I invested approximately $4,000 in furnishing thes...

If I've never done a 1031 or notes how bad/hard would it be for me to try to liquidate a house (I'll net about 170k) and use my QI to hold the money and obtain notes instead of new properties?  I assume this is a vali...

Looking to acquire a 3 bdr sfh in my town that has been foreclosed and priced 1/2 of appraised value. There are signs of a termite infestation. Termite trails leading into the weep hole and in the walls and fascia boa...

Who is responsible for insects in a single family home in owosso michigan?  Possibly mites, fleas, no see ums?  Who knows!

Hi all, 
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...

Hello,I will be closing on my first rental property on January 5th.  The house needs numerous small "repairs" that we are planning on completing in the first few days of owning it.  Most of these items are small like ...

I recently completed my first flip. We purchased the property August 10th and close today (November 24th), creating a holding period of 3 months. We profited around $140 on this flip after closing costs. The selling p...

Looking to the future with the goal in mind for managing my rentals vs working a W2 job with benefits what are you doing for healthcare insurance? My current state job has great insurance for our small family of 3 but...

How much cash is needed for a deal?Has anyone sold off some of their rentals to get into that space?