I am looking to retire in the next few years and my plan is to invest in rental property that generates a cash flow of $150k/year to live on. I currently have about $1,150,000 in savings and another $350k in equity on...

 Would prefer to write a post on how we cleared 8 to 12 inches of snow at 4 locations in 4 hours, but that's not going to happen. Have about 3 inches on the ground in the last 3 hours. The rest is supposed to fall thr...

Imagine you have:-$170k cash-No investing experience-Steady W2 covering all living expenses and providing $1,500 savings per monthWhere would you go and what would you do?

When to form LLC , before or after buying property? Can I borrow money from the bank for LLC or other form of corporation?When is the perfect time to form LLC, is it when you are beginner investor or advanced one?Whi...

Hello Everyone, I hope everyone is having a Merry Christmas! I'll give a bit of back story before posing my question in order to get the best response to my situation. I have been doing all of our bookkeeping for our ...

I need help organizing my rental property finances, R.E. Balance sheets, Cash flow statements, etc.It seems that many software programs are set up for accountants, or property managers (NOT owners.)What do you use? An...

I am about to buy my first rental in Baltimore metro area. For anonymity, could i use a company like zen business to be my registered agent and thus maintain anonymity?  Is there a better way of keeping myself anonymo...

I am in a process of buying a property to rent it out. I know that the cost of bringing the house to habitable conditions is only deductible when you sell the property. But since you can deduct property maintenance ev...

I am thinking about purchasing a house for one of my tenants that needs a bigger place and wants to own their own property. I am thinking of buying a home, renting it to them on a rent to own basis for three years and...