Background: I own a house with a studio on it that isn’t attached to the house. Question: can I get an LLC on the studio only to airbnb it out without risking my home as an asset?

Hope everyone is having an awesome Tuesday!Would you guys do a cash out refi on a property purchased with cash, simply for the purpose of writing off mortgage interest? I believe you can write of interest up to a max ...

I keep hearing how I as a very small landlord can just "write off" everything. You know, if my renter doesn't pay rent I can just "write off" the loss rent. And it doesn't matter how much any supplies or maintenance c...

In the process of getting our STR ready for next season to begin renting in March 2021. We’ve been spending quite a bit of money updating but I just realized we won’t be able to claim these expenses in 2021 when it’s ...

Hi Everybody,Quick question here about taxes. If you put all of your expenses for minor renovations for your rental on a Home Depot CC would it be appropriate to just deduct your actual payments for the year that you ...

My wife and I currently own a 3br condo.  We are renting out 1br.  I've heard you can't write-off HOA dues on taxes, unless it's a rental.  Since we are renting out a room, could be write-off our HOA dues?

Hi ya!I have a question regards to tax return for 2018... since u can’t itemized on personal return... people r getting very lil back.. is there any write off DOs & DON’Ts on investment property for 2018?

So I understand that having an LLC is beneficial but I have no idea where to start learning about the benefits and how it works. Any suggestions on business finance books or online classes (preferably free) so I can s...

So I just met with my accountant and according to him I made $11,000. in income off 2 properties full year and 1 for 3 months of 2016.  After interest, taxes, insurance and depreciation, I am still showing $6,000.  I ...

I drove 90 miles to see a property we are interested in for investment purposes. We already own 2 investment homes and are under contract for a quadplex. What documentation is needed to use this trip as a tax write o...