Tax season! We bought a property in 2022, remodeled and sold it in 2023, over a year after the purchase. We did most of the rehab work ourselves. Will the profit be counted as self- employment income or long-term inve...
I've created an LLC in Broome County, New York. It's time to decide whether to leave it as pass-through taxable or choose to have it taxed as an S-Corp. My plan is to use the entity to hold my buy & hold propert...
Good Morning Everyone,I am about to close on my first SFH in Roxborough Philadelphia this September. I am excited and nervous at the same time. I have been scouring the boards trying to learn as much as possible, wh...
We often treat tenants as though they are the problem or the biggest headache and many times they are but in the end of the day they are the landlord/managers customer....your property is your product and your custome...
My tenant's lease is coming to a close and I am relieved she will be moving soon.
She has been paying on time but has been extremely unpleasant and rude.
While the money does not smell my mental sanity is more impor...
Your agent is calling you to show you houses, your boss is emailing you about some work to do, your partner wants to grab dinner, and you want to take a nap. How do you prioritize things in your life when everything s...
Yamundow Camara grew up in The Gambia. After losing her parents at a young age, she was taken in by relatives who forced her to sleep on a dirt floor and treated her like a constant burden. Fast forward to 2024, Yamun...
Good evening! I have a long term tenant (going on 10 yrs and the rent is way below market rates). Tenant lease is up in 60 days so I sent the renewal and or option to vacate with only a $45 rent increase (I know I sho...
Hello Everyone, I need advice.I am currently renting to a woman who is 7mo pregnant. So far she has been a good tenant but recently had a fight with her bf and kicked him out (not on lease).With her being due soon, I'...
We have the opportunity to re-purchase my wife's family home in Phoenix. All we have to do is refi/pay off the existing reverse mortgage which then transfers the property to us. We are going to cover this debt one hu...