I have my first rental under contract. Though I understand taxes in a general sense and what to do for my own house I'm in the dark when it comes to whats different for rental properties. What are got strategies to lo...

Hello all! I'm currently under contract on my very first STR cabin in Sevierville with @averycarl! I'm so excited and nervous.  I have been lurking on these forums for a bit, gaining knowledge and finally decided to p...

I was at a meetup the other night and a CPA came to speak with us. I spoke to him on an individual level after the meeting about a 1031 exchange that a family member is looking to move from one property to a like kind...

Hey guys, I have a question.

Hypothetical scenario:

SFR
$1000 NOI

$500 Service on a selling financing.

Cashflow = $500

Are you taxed on the $1000 NOI or on the $500 cashflow?

As of late, I have been receiving a slew of colleague requests with no accompanying message of introduction.  My personal practice is to ignore such requests and I apply it consistently just like tenant screening - so...

I just finished reading The Fair Tax Book by Neal Boortz. It seems too good to be true but let's say it is accurate, it seems like now would be a fantastic time to force the issue when we've got such a gigantic defici...

I received this text this morning from one of my tenants..."Good Morning, Mike! We have been seeing a TON of spiders and bugs in the house, and were wondering if it would be possible to get it sprayed. Please let me k...

Need help with tenant issue-We have an older duplex that my husband recently remodeled that is an up/down duplex in the historic district of our city which is close to the university. The upstairs has 3b/2bath approx...

Someone asked about whether or not they should hire a coach or mentor from a different thread in the "Starting Out" forum. @henryclark was nice enough to offer free assistance. I jumped on the offer immediately becaus...