I've been looking at Chapter 7 and 11 bankruptcies. In the motion to sell documents it usually states the property is "subject to all liens and encumbrances, if any" and then usually follows a list of the liens in the...

Hello everyone!I am, potentially, getting ready to start building my first SOW to fix and flip a single family home. There is quite a bit to do and, while I am comfortable with Excel enough to make and use my own spre...

I own a duplex in California in which I live in the top unit and rent the bottom unit to a tenant. The property is valued at about $1,000,000. The property tax is about $15,000 annually. To date, I have attributed hal...

I have a foreign investment house and I sold it recently, how do I report the sale to IRS now? I don’t want to wait till Apr 2021 and pay a whole bunch of penalty for not withholding enough tax due to this capital gai...

This is a question I get all the time from investors, and let me start out by saying that I almost exclusively deal with residential Real Estate. This is usually Single Family or 2-4 unit BuildingsTo these sellers, I ...

I have a quick question about capitalizing the rehab costs for a new rental.
-- The property is probably not currently habitable and is likely not ready to put into service (bathroom not functional, among other issue...

Hi,If I have income and losses from different real estate activities (e.g rental loss and trust deed income), can the loss from rental business be offset against the income from trust deeds? If that matters, lets assu...

If I take out a loan to fund an investment in a notes fund, is the interest paid on the loan "investment interest" that goes on Schedule A or "passive interest" that goes on Schedule E?I found the following in "The CP...

I have a Single Member LLC where i have gave an initial capital. I do cash based accounting.My question is since the initial capital doesn't count as income correct? then when i transferred a portion of the initial ca...

Does anyone have any recommendations for an online service (preferably free) to help automate some of the communication with prospective tenants?  Some use cases would be:1) Set up a showing.  Not an official schedule...