Hi Everyone,

I am new to the landlord business....and I've been doing a lot of research in the past few days to get ready. I've compiled a list of steps that I need to do before I find tenants, and I wanted t...

Does anyone have a first hand example of how a LLC worked, or did not work, for them?I currently have 3 properties with an umbrella policy and an could contemplatin setting up a LLC moving forward.  I actively manage ...

I have a self directed IRA held in a Florida Trust, which needs a Federal tax form 1041 filed.  I can't figure out how to show on this form that it is tax exempt since it is an IRA.  Does anyone know a tax accountant ...

hi all, I've read a lot of capital gains but still I don't get answer.I bought a house in 2016 for 200k, lived for a a few months, then moved and used it as rental property.In 2022 I refinanced because of the low rate...

I found an accountant I like in my area. After reviewing previous years taxes he gave me a quote. It’s 1,675.00 up front plus another 100.00 a month maintenance. Is this a normal type of fee for this service?

Any attorneys or risk managers out there that have knowledge on this question?  I had an extra family car, that I want to be full time dedicated for use by my PMC staff. I know I could sell it and retitle it into my P...

for investors in Massachusetts with two or three properties how do you structure things? do you have an S corp for the taxes or something else? I know LLCs are expensive so wondering what others are doing.

I'm trying to figure out how I should report the roof replacement in one of my rental homes due to hail damage on Schedule E. The rental home was purchased in May 2017 and the previous roof had half of its usage life ...

I bought a building with a partner several years ago. But the building and loan were both under my name. My partner was not on any official record. Recently we sold the building. I'm just wondering how to handle the c...

Hi Guys,
If we received  36 k as a rent  on a house located in California . Mortgage was 24k. The repairs were minor, so it’s negligible. How much would our state taxes be? (My husband keeps waiting for the bill from...