My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...

Hello everyone! My name is Chris and I am a newbie!  I have the potential of an off market deal with a neighbor of mine in Rhode Island.  They are an elderly couple whom have resident status in another state and are l...

interest only loan expires in May. can continue to make payment on home and rental but not making money. both are upside-down. want to stay in house. will continue to pay until i get the feeling they are trying to 'st...

I know someone who wants out of his house without dealing with a sale or foreclosure. He is considering sub2 (i.e. signing the house over to me and I take over the mortgage). One rent comp is $1350 for the exact s...

A friend of mine who knows me very well and knows I have been slowly buying rental properties asked me if I would be interested in buying his brothers house. I said sure let’s go look at it. He walks me thru it and I ...

First, I am brand-spanking-new to real estate investing (but we are currently on our 5th home) and secret messages or excessive acronyms will fly right over my little newbie head.Second, the property in question is no...

Can anyone explain how much LTV can be pulled out of a property based on the potential income of the property?I understand the Appraisal method but this one I can't really find an answer.Here is an example below of wh...

I have been reading rich dad poor dad and he seems to separate expenses and liabilities into two different columns. I guess they are two different things ? For some reason I see them as the same thing since they both ...

Hello, we are new to the real estate investment world. Currently we have one long term rental property that we own outright and have a second short term rental property that we pay a mortgage one (mortgage is covered ...

I'd like to have an organized system where I can input each property's market value, current debt on property (amortization schedule would also be useful), income and expenses? It can get confusing trying to keep trac...