Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service?  I was under the impression that you cannot, that they must be added to the ...

I currently have 3 properties. I am using a family members line of credit on their house to build an ADU in the back of my 2nd property and I will be in debt to them approx. 100k plus about 8-10% interest. They aren't...

Before I got into real estate I was into self development.   In self-development you learn to accept/love yourself, self-expression, and going for what you want in life.As a man with a disability and a minority in Ame...

I self-prepare my annual tax returns and have a tax scenario/question regarding the allocation of Property Taxes and Carry Expenses for land.In 2022, I purchased a vacant parcel of land that is zoned for multi-family ...

We’re in Seattle for the weekend, and we love it here. Love it enough to want to buy rental property to give us reasons to come back and places to come back to.We're renting a car today to tour the surrounding area. ...

A few weeks ago, I shook hands with a motivated seller-slumlord and visited a D-class property. He was actually in the middle of moving in a new tenant (with no teeth and probably no credit score). I tallied up: a gut...

I’ve been off work the past 5 weeks on paternity leave and it’s given me a chance to catch a little glimpse of what it would be like to retire early. To be clear, it has never been my goal to retire early. My goals ...

After YEARS of brainwashing by the government and public school systems about marijuana, guess who's soul has a price? California! Apparently the price is $1 BILLION dollars in tax revenue that they COULD bring in b...

I'm in Illinois should that help anyone. I'm not asking about any laws or legal advice. I happened to run into a perfect short sale situation on a pre-foreclosure property, similar to the SS deal l did 5-years ago. It...