I have a tennant that I'm a bit concerned about regarding the inside of the residence. If it's anything like the yard before I made him clean it up, it's going to be horrendous. I was just wondering, in your experienc...

If i own a complex with multiple duplexes and have a seperate schedule e for each property listing income and expenses,  where would i report the expenses that cover all the properties? like trash, and street lights, ...

Apologies in advance for the lengthy post.On 1 January 2019 my wife and I owned our primary residence and a rental property a three hour drive from our primary residence.  That is the last day I think I fully understo...

Hi I have rental, operated under LLC. I also do wholesale and the wholesale business is operated under the same LLC.

Do I report both on Schedule C as business or do I separate them, rental in Schedule E, who...

I have researched this topic extensively on Bigger Pockets and elsewhere and I am still struggling to understand the tax code. 
I have a STR property that went into service in Jan 2022. I met the Material Participati...

I have been investing for several years. Initially, I met with a Tax Consultant to ask how to categorize Misc Expenses. Expenses that cannot be tied to a particular property. He advised that I either not report the...

Hello All!I'm in the process of buying my first piece of real estate, and I'm aware that an amortization schedule/ calculator helps me find out how many years I can shorten my mortgage by making extra payments on the ...

I was sent an invitation to the IRS to review my 2015 and 16 federal taxes. I read that you are allowed to record the examination as long as you provide a 10 notice in writing. As o did such, the examiner called me an...

Man I'm almost to the finish line with my 2014 first project and kitchen cabinets are a week behind and then today we are hit hard by a snow storm here in Maryland.

I really don't like snow and this won't help my ...