Hey folks, like many out here, I've relied for a few years now on "passive" income (as the government would call it) from my rentals here in Southern California. It's quite common knowledge that if you make under 75K ...

We have tenants who are a married couple. They have been late paying rent a few times, got a big dog when no pets allowed is stated in lease.  We offered to change the date rent is due from the first of the month to t...

Hi All!Question about LLC’s taxes. My husband and I have a Single member LLC in MI which is not a community property state. We file jointly and are both listed on the Schedule E for our properties. Is this the best wa...

I am selling my home because my wife got a pay cut and we can no longer afford the mortgage. We will be making money off the sell and we are buying a cheaper home. Do we have to pay taxes on the profits from the sell?

If a person has been living in a parent financed home, he/she provided the down payment and made all home payments and is the primary occupant, has recently refinanced the home (6 months ago), adding his/her name to t...

Once I get pre approved, is that just for like one property/ Can I make offers on multiple properties if the price range is similar? Then how long does being pre approved last? I assume having a lender run your credit...

I'm currently wanting to get a 4-plex and house hack it. At the moment, I am unable to do that. For the time being, my wife and I are just renting until we are in the position to do so. We are renting a 1 bed 1 bath a...

Investment Info:

Small multi-family (2-4 units) commercial investment investment in Morgantown.

Purchase price: $245,000

Cash invested: $29,500

Another investment in the books! This one I am extremel...

Trying to make sense of the tax bill - the last minute "Trump/Corker" clause seems to be a big handout in that we will be able to at minimum, take 2.5% of our capital basis as an extra deduction against NOI no matter ...

 I want to rent my home in about 2-3 months, move 30 miles closer to family. I will be keeping part of the home for my personal belongings. garage and RV storage. ( I started another thread about building adu so I cou...