I recently bought a duplex and am going to rehab one of the units. It should cost me around 5-8k to do so. In the mean time I sold a property and profited about 38k. I know i will have to pay taxes on the 38k. My ques...

Does anyone know when and where the tax auctions are held in Houston Tx. (harris county)?

Thanks in advance.

If you have a property and you increases the NOI from force appreciation does natural appreciation occur as well at the same time? Say if I held a property for 5 years, raised the rents and increased the NOI while app...

Does anyone know if it is required to have a managing broker's license (in the state of IL) to start a property management company? I figured it would since each real estate company needs its own managing broker, righ...

How do you get by without getting charge crazy capital gain on your taxes at the end of the year in Indiana.

My brother and I own an LLC that purchased a 40 unit rental property (10 buildings, each with 4 units).  The area we own them in is rapidly growing and we have decided to convert them into condos.  If we were to sell ...

If you have a tenant move in and you know they were convicted of a crime can you be held responsible?

Im hearing that I have to use a 1031 exchange agent to handle the money inbetween sale and purchase of the next property. Im hearing $1k+ to handle the process. I'm in TX. Does anyone know anything about this and is i...

I was listening to episode 513 earlier and the first topic discussed was someone purchased a SFH to use with BRRRR method. They purchased it in an LLC. The issue they ran into was that the bank was using the income va...

What amount is considered income on house flipping for tax purposes?I purchased a home for cash-no mortgage for 25k put 25k in repairs in and sold for 79k, net 71k. How can I defer or decrease the taxation on income. ...