Hey friends!My wife and I will be house hacking a duplex - our first deal! - and the tenants in the other unit have been there 10 years!! Since the seller bought the house, actually. The seller never raised rents duri...

My fiancé and I are looking to buy our first investment property, a duplex under and FHA loan. We recently through out an offer and the seller accepted with a contingency on a 1031. Our real estate agent has advised t...

Hi all,I recently got my first deal under contract, it is a SFR in St. Louis that will be held as a rental producing positive cash flow.  I was wondering what some of the tax deductions I will be able to take are.  I ...

Hello everyone,
I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.
I have a pending income tax payment of approximately $200K for the year 2023, due by Septem...

I did a search for this specific question but couldn't find a post so decided to add it in. I have a tenant that wants to do some repairs to the house. Today they asked if they could caulk a gap under the kitchen s...

I hold several re-performing 2nds in my IRA which are serviced by FCI. This morning I got an email that a borrower that was modified ~2 years ago and has been paying since then on time ect, filed Ch7 on 12/23. I'm loo...

So I decide to sell a rental property within a LLC. for which I am manager. It was listed for sale while occupied but then the renter moved out. Shortly after the property sells. Now I discover seemingly bizarre IRS r...

I’m interested in putting the equity to work from my current rental. I’ve identified Midwest markets where I could pick up multiple properties that would generate even more cash flow than my current SFR. What I’m exp...

Hello BP Community

I am still very new to all this and doing all my research and reading as everyone else has done when they first started. I have been looking at different options on registering an LLC and it seeme...

I have been looking at Burbank/Pasadena/Glendale, and find some of the MFH so temping...For a budget of $2M ish, there are quite some good choices... At least comparing to Bay Area....For example, 5 unit non-rent cont...