I'm not really sure which forum this should be in. But my question is, how do tax write offs work as far as repairs and upgrades are concerned? I have read and heard some people say any repair and/or upgrade you pe...

Hi all, I purchased a duplex in July and gave both sides notice to vacate. They both vacated Aug 1st. My question is since it was already in service on the day I took ownership, can I expense the costs to fix it up? I...

Hi -- I'm looking for some advice on what verbage to use in my house lease agreement for landscape maintenance. The house I plan to rent is in a nice neighborhood - so it matters that the lawn is kept mowed, the spri...

I am hoping to do my own taxes this year but got a little stuck as I was finalizing my books. I purchased a SFH in Oct. 2021 with owner financing that is still under renovation. I understand that any renovation expens...

We are interested in diversifying our investments and investing in the live animal production agricultural sector in MT and or surrounding states. We are presently considering cow/calf live stock production with the ...

Hello, Newbie here. Just have 1 unit /condo in chicago loop, that is now available for renting. Hence  I dont use a property manager/management company for this unitPosted on Zillow , total of 6 applicants. 2 very in...

This is a hypothetical situation. Billy has a day job earning $100,000 per year in California. He wants to build a real estate empire in his local market as the king of residential real estate (1-4 units). What value ...

I received an offer market offer for my 50 unit building in AZ. Here are the details:Purchase Price - $3,500,000Earnest Money - $35,000DD Period – 60 Days after DD items receivedClosing date – After August 1 & Bef...

A situation arose with a 1031 exchange I am in the middle of in Denver, CO. Here is the timeline. 1031 started Jan. 2nd. Identified a property and closed Feb 26th. Gave the existing tenant 29 days to vacate the proper...

Hello,
I bought a triplex last year, and now that I'm cashflowing comfortably I'd like to make some improvements. The driveway is cracked and has a big hole behind one of the parking spaces, so it would probably need...