Just wondering if that is the only way to sell a property and not have to pay any depreciation recapture. Thanks in advance.

In a perfect world I would be able to deduct my real estate losses against my very high W2 income. However, achieving "Real Estate Professional" status is not something I will be able to do in the near future.It has a...

What steps do you take to minimize the possibility of inheriting potentially bad tenants in an occupied rental? Let's set aside the obvious answer of, "Don't buy the rental if you can't see the inside and/or talk to t...

Title Says it all: Should I get title insurance?Does what type of deal you are doing effect if you should get title insurance? For example I think it would be a good idea to get title insurance if you are buying a for...

Are there any ways to avoid paying PMI with a less-than-20% down payment? Trying to cut costs any way possible.

Thanks!

Happy Easter!!!

Hi everyone, I'm going to try to make this short and sweet!I'm moving back to Chicago in 6 days and I'm ready to jump into Real Estate (finally!) I have not done any deals/taken any action yet in Real Estate because I...

I have a scenario for a potential purchase. Basically the guy bought his house a longggg time ago for $20k and wants to sell, and we agree on a $450k sales price. Is there a way to pay him $270k "on paper" so he doesn...

Are they any types of deferred maintenance on properties that you won't go near? Whether it be an old roof, old water heater, etc; What are some major red flags for you to avoid a deal and focus elsewhere?

If I have this right. I have a house I have lived in for 2 years that is worth 500,000 and I have to pay taxes on any capital gain off a property that is over 250,000. Can I Cash-Out refinance the Property to where I ...

Hi All,I was wondering if any of you had any advice on how I could avoid, if at all, private mortgage insurance. I have heard that this is a significant chunk of your monthly cash flow and if I can avoid it or shrink ...