My wife and I just inherited 50% of a family homestead when her father passed away here in Spokane in March.  We are new to the idea of a rental and trying to gauge our ability to execute on it.  The house is paid off...

I'm figuring a year end tax payment - we sold a rental property for a gain (held more than one year) and will have K-1 losses from two syndications that we are LP.  Turbotax is allowing the losses from the K-1 to offs...

Hello Everyone,Questions regarding a sheriff sale property.  Current property deed has two names (X and Y), however the mortgage note has only one name (X).And as per the title search report, Chain of Title1:When the ...

Hi all, I purchased my 1st home in February 2010. I lived there until December 2016, when I moved into a single family home. I sold the 1st home in May 2019. I lived in the 1st home for roughly 7 years prior to moving...

Looking for accountant recommendations. I have a high W2 income and my wife will be a real estate professional this year. Looking for an accountant who has intimate knowledge of:1.how to best offset my W2 income2.ho...

Looking for a tax professional to do my taxes this year. I live in Indiana, but work in Louisville, Kentucky. Anyone know anything getting any of that tax money back? Also just bought a new rental last year.

So I found what I think is a great deal. It’s about 2 hours from me in the town I went to college in but not where I live locally. According to the agent I called, she said it has 4 1-bedroom apartments. It’s in downt...

Investment Info:

Townhouse fix & flip investment in Concord.

Purchase price: $250,000

Cash invested: $250,000

Sale price: $420,000

2bd/1.5ba townhome

What made you interested in inve...

I'm familiar with the concept of exchanging a property for one of greater value to delay taxes. But, how exactly does the process work? And who is involved in the exchange?

Hi all! I'm researching STR options to get starter, and I'm wondering what areas of Northern California are prosperous for Airbnbs? I'm situated in Bay Area  and I see that all this area is crazily restrictive on STR ...