Properties generated $110K last year, I stopped at $120K losses before even going into expenses. I don't want to dig through expenses and itemize all that crap since I'm already at no income. So do I even need to file...

Hello Folks, My tenants doesn't have renter's insurance. I am not sure how important it is. Please elaborate.

It appears from some reading that different entities are able to claim different business expenses against income.Can someone explain the differences in the allowed business expenses that can be deducted when using LL...

Me & my business partner are in the process of attempting to refi a property we own to pull cash out to acquire a multifamily property. One of our lenders pretty much told us that it may be hard for us to get a lo...

What are peoples thoughts on this language (proposed by Renter)[Renter says ] The only remaining wording change I’d suggest is to make clearer that I’ll have rental insurance for all the things that this covers, and y...

I am moving out of house next month. I am going to turn it over to a property manager so she can rent it out for me.

Do I need some sort of additional insurance to protect on top of my home insurance? If so, what kin...

I am pricing out insurance companies right now and I’m swimming in coverage line items. Besides loss and liability, what other coverage do you recommend (property is in Ohio)?Also the level of coverage... the first qu...

I have been analyzing houses for almost a year now.  I understand the basics and really just need to dive in.  One thing that has been a little confusing to me are the tax deductions.  Off the top of my head, you can ...

Hello everyone,I'm seeking opinions on the tax treatment of remodeling in certain situations. For example, let's pretend I purchase a house for $90K, misc rehab is $10K, so I'm "all-in" rent-ready at $100K and adverti...

With year end getting close I am trying to figure out what to do with my businesses to minimize my taxes. Cash is king. Can someone please help me. The online tax calc seem to not line up with my calculations.
...