Hello I am wondering if anyone knows anything about if I have to pay capital gains tax(short term or long term) if I sell any of my rental units. I have lived in 2 of them over a year and the third one for close to a ...

Myself and two friends are wanting to take a stab at the real estate rental business. We envision ourselves partnering in the following manner - two of us serve as the rental manager and contribute capital to the init...

I got a couple quotes from two different hardwood refinishers for my primary residence. I’m trying to find a nice stain but one said my floor is red oak and we’ll be able to do a certain stain, the other said it’s whi...

Got a note from BP that it had been a while since I've been on, so I feel the need to re-earn my Addict badge!Landlord life became more hectic in January.  I was already self-managing two properties from about 300 mil...

I put in a new basement carpet a bit over 10 years ago. I have had a couple different tenants since, the last for 6 years. When they moved out the carpet was pretty shot...but it is 10 years old. The entire house (3br...

I am a 20 year-old college student. Me and three of my friends are looking to buy an investment property. We are all first time home buyers. We each have about $6k to put down and we are looking for single family home...

Hi there,My partner and I bought a house with the intention of updating it and reselling. Our biggest issue is there's a second floor with one small room (with a window) and two unused spaces on either side of that ro...

So I own two properties currently (free and clear) and may be picking up a third soon, which I plan on paying for in full at closing.One of these properties I currently own is our house, the second is a warehouse (w/ ...

Does anybody have any experience with funding a LLC? Say that I open a LLC in XYZ state and fund it through a third party. The third party will receive a return of course. I want to use the LLC to have the capital to ...

Hi guys, trying to decide the best way to go about this. Short version: Not enough liquid cash for down payment of 20% on Rental #3. Need about 35k. Have 90K equity in Rental #1 and 60k equity in Rental #2. Should I: ...