I got involved with a new construction deal. The overages have been far beyond anything I expected. Also, my partner’s spending on materials has been very high. He’s built a very high end luxury property in a neighbor...

For those that are interested, see the new IRS Notice 2019-07 that was just released. After a quick skim (page 7), it looks like we finally have our guidance on possibly claiming the 20% QBI deduction on rental income...

I just read this article here and I wanted to confirm the info-https://www.nolo.com/legal-encyclopedia/small-taxp...So, it sounds like I am able to write off some of my improvement expenses, as long as it is less that...

Hello, I am interested in house hacking and looking for properties in safe areas in South Chicago. Is Bridgeport, Pilsen, and Brighton Park good areas for investment? I am a little hesitant because I have heard that t...

Hi,I purchased a SFH for rental purposes that needed a new roof. I spent $10k putting the new roof on and have been discussing its treatment with my accountant. Seems like he is of the opinion it should be added to th...

Hi all,General question, I have around $50K that I don't want to keep in cash with inflation and all uncertainty, with the market as hot as it gets what would be a good investment idea that I can execute quickly to pa...

I’ve been looking for the last few months for a solid house hack in the Columbus market fitting these stipulations;-rental income covers PITI-neighborhood is safe enough for my girlfriend to walk the dog at night -acc...

Hi everyone! I need some advice from someone who knows SA well. Is the Jefferson neighborhood just south of Balcones Heights a good/bad place to invest? Trying to determine if it's a safe area and would be somewhere a...

Hi  Everyone, I'm looking for advice, I am trying to house hack a cash flowing multi family around 200k or lower in a decent area in the south side of Chicago ( interested areas below) . I wouldn't mind doing a small ...

How can I double my money from 20k to 40k, in a short period of time, with real estate, without taking a ton of risk? I appreciate any tips or advice!