I just bought my first rental property a bank owned property (4 units) that is fully rented with two of the occupants having leases through April of 14. I close on the 20th of this month, the bank has owned this prope...

I have a tenant prospect (family of 4) that need to rent my place out for 8 months because renovating their current home. After the 8 month term, the lease will go month to month until they move out.

During the sc...

If I purchase a flip property at the end of this year and then sell it at the beginning of next year, how is that taxed? For example, are the expenses reported as a loss this year and the entire sales price shown as a...

I'm seeking clarification on activation of suspended passive losses upon sale of rental property. Let's use the scenario where my suspended PAL exceeds capital gains upon asset disposition.  Does the total suspended P...

Purchase price: 175KRehab: 150KARV: 450K (conservative; median prices in the area are closer to 485K)125K spread looks great, right? I think so, but then I think about the cash I have to put in, which is probably arou...

The last week has been depressing as we went through a prelim exercise to understand our tax situation. We have a MAGI of over $150k through 2 W-2's, live in a rented house and own a few multi-families. We made a rent...

I came across this article that I found fascinating. How true is this? https://thedarwiniandoctor.com...
Essentially, because my avg rental periods are less than 7 days, and because I do spend lots of time managing m...

As I close out 2017 i want to to share another successful year investing BUT even after doing this for 14 years I made mistakes and learnt some hard lessons.
1) bought and rehabbed 6 houses.
2) pushed my total ren...

Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...

I have a negative cash flow property out of state I bought about 10 year ago that was a mistake before I knew better.  Trying to decide to take a big hit and sell it cheap or hold on to it and hope market recovers.   ...