guysi'm sorry for posting here but this forum is all I have access to. I am a 1st time homeowner and am looking to understand the diff between HO2 and HO3. I'm in NYC and not in a flood zone at all. The difference bet...

I have a SFH in Milwaukee.  My lease agreement very clearly states that tenants are not to trim or remove any landscaping (trees/bushes mostly).  So my tenants had to go (repeated late rent) and when I got 'home' to s...

I am new to investing I have one rental property that I rent to my business ( lease back). I want to purchase a new property for this purpose and turn that property into  a short term rental.  I own a small business a...

Has anyone done a cost segregation study, and what are the pros and cons?  Has anyone used Engineered Tax Services for this study?  It all looks good on paper, but I wanted to see if anyone has some real world experie...

Hi guys & gals. House hacking represents a unique tax scenario. I'm not sure a cookie-cutter tax professional from the big box stores will do.Any tips on finding a tax preparer who is house hack knowledgeable? Spe...

Can a landlord deduct lawyer fees and eviction filing fees from tenant's security deposit? In our case, the tenants gave notice that they wanted to break the lease and stay another 60 days while using the last month a...

Just trying to record a closing statement and wondering how to treat seller-paid closing credit. Specifically, which type of ledger account to credit? 

Good afternoon everyone!

My wife and I are moving to Virginia in three months and will start flipping houses when we get there.

We’re getting an LLC and S-Corp set up now so we can hit the ground running when we ge...

Hi all, I have income that comes in from the highest tax bracket possible (over $1mm a year). I do have a strong CPA but was curious if anyone has any tips on things to look into that I might be able to do before the ...

I live in the DC area and am a landlord, but went to LA to see if there were good property deals. I didn't find any good ones, but because of the trip, I've decided to buy something near the DC area. Can I write-off t...