Hello everyone, I have a question in what sort of activities that can qualify me as a real estate professional.
I have a few rental properties and my rental income is my only income. I only spend about 2-3 hours p...
Hello, I am currently looking for advice on a reputable lender for a HELOC. I believe this is the most advantageous route for me to pull equity out of my home now. (I am open to hearing otherwise as well). I woul...
Hello,I will be closing on my first rental property on January 5th. The house needs numerous small "repairs" that we are planning on completing in the first few days of owning it. Most of these items are small like ...
HI,We have a tenant that is being evicted for having pets in the house. The courts pass the judgement on behalf of the landlord for $1700 plus lawyers fees. She has paid her last few months rent. The tenant has planne...
Rental income taxes can be confusing for real estate investors but it is crucial for investors to understand the filing process, deductions, and tax rates in order to be successful. There are a few key points to each ...
I'm looking for a CPA who is also an investor. I am searching for my first investment property and leaning toward multi-family units. I would like to connect with a CPA in Genesee County, MI area to discuss some tax s...
They always say that there are only two things that are certain in life - death and taxes. However, that doesn’t mean that there aren’t strategic ways to lessen or defer your taxes! As a real estate investor, it’s cru...
My wife and I bought an investment property in 2021 that currently has an All In One (AIO) loan that we’ve used like a HELOC to buy other investment properties. The AIO is our only debt on the property and is in our p...
I just moved out of a Chicago apartment (1 bedroom). The apartment was handed over to the owner after a walkthrough where I handed the keys to the LL and we identified 2-3 issues such as crayon marks on walls and kitc...
This last November marks one year of being a land lord. What I need help with is what can I write off for my taxes outside of the normal office space write off, portion of the utilities, gas mileage, computer write of...