Hi BP, I am curious to know what proof do I need to travel to Utah (from Oregon) to check up on a rental property for the IRS audit of my business trips? I could possibly save down pictures of my texts with the tenant...

Good Afternoon,
Long time lurker here on the forums and decided to jump in and ask for some assistance from the experts.
I reside in California and am 47 years of age.
Over the course of the year 2020, I purchased...

If the cash on cash return is the same for 2 properties on the market, but one needs rehab and the other does not, which is better for tax purposes (deductions, depreciation)?  Sorry if this is a very basic tax questi...

Should you create an LLC before buying a property or vice versa?

When I'm looking into a property for investment (a rental), what are the factors I'm evaluating?

I know that I need to know purchase price, gross monthly income, I'll determing expenses per 50% rule, my loan payments...

For those that own multiple LLCs, how do you handle the security deposits? In my state the law is the deposit is supposed to be held in it's own bank account and not comingled with any other monies. That could become ...

I bought a building personally that is being used in our partnership. The building is used for softball batting practice, lessons, camps, etc. I understand the basis rules for depreciation (lower of cost or market)....

Do private money lenders and hard money lenders fund owner occupied properties ?

Hello all. For some reason I am thinking that I heard somewhere that anything over 4 units is considered commercial, but my realtor told me that anywhere someone lives is considered residential, no matter how many un...

I’ve searched the forums but can’t find an answer. I’m hoping a season investor or CPA can chime in.I currently hold title in my own name and have a mortgage in my own name. I’d like to sell my property in a 1031 exch...