Hi there, I recently heard from an investor that the courts are beginning to crack down significantly on Lease Option and Rent to Own programs when a "rent credit" is involved. It had something to do with the tenant n...

Hi, I'm in the process of closing on a 1 bedroom unit in downtown phoenix. the unit is 550 SQFT and top floor. I know the property is not cash flowing a lot. I can rent it for 1.2k and I paid 240k for it. I still have...

Hi Everyone!
 My current situation is that I am living in Denver, renting a house here with my girlfriend, and am trying to purchase my first rental property in my home town of Ohio (cleveland or akron area to be spe...

Looking for a CPA/EA who knows this answer.  I was a CPA but I don’t the answer to this.  I have a friend who is 68 and lives in a trailer with his wife and granddaughter, kind of sucks.  He does not have a ton of mon...

Hey all, I had a quick question for you as I am a passive syndication investor in multiple syndications in the range of 10+ K1's annually and there are a few K1's that are coming in late but expected sometime in late ...

Hi all, just got a message from a tenant in a house that I own, saying that his roommate had moved out on Jan 1st and that he was recently unemployed due to COVID shutdowns.  Said that he was applying for unemployment...

So I bought a house that has the basement completely converted into it's own 2 bedroom apartment. It has it's own kitchen and everything, with their own entrance. Currently, I am allowing a friend to stay there for a ...

I've got my primary home and cars insured with one company (carrier #1) but their quotes for my rental were twice as much as anyone else.  I received a reasonable quote from a second carrier (#2) just for the rental a...

I have had the same tenants in a home for 8 years. Over the years, I have chosen to only raise the rent a few times while rent prices in this area (outside Seattle) have skyrocketed. The home's value, according to Zil...

Hi All,Many years ago when I first started rehabbing and wholesaling, my CPA told me that the S Corp. was the best option for my business entity. I went with his recommendation, but now it seems like everyone I see in...