I remember reading that you could either depreciation from the sales price or the current market value if it has been a personal for awhile. Does anyone know what pub or the irs link?

I have a very strange issue I need help with can anybody help me out with what to do? Our dryer vent was venting directly into the siding that the HOA had installed on the side of our building years ago causing moistu...

Hi All, I live in California. I'm considering to invest a property in Houston, Texas. This will be my first out of State investment. Do I need to register an LLC in Texas so I can lease the property? Or file any other...

I am partnering with someone to convert a property into a rental. I have a personal mortgage on the property and have had input to keep the deed in my name to avoid potentially activating the due on sale clause. I wou...

I am writing to seek professional advice and guidance regarding a matter concerning my recent apartment purchase.
In August 2023, I completed the purchase of an apartment, which has since become entangled in a series...

BP Community   I am researching how to handle my situation on my taxes. Background last year had some hail damage to one of my rental properties. PM looked at, called in estimator and said needed to repair / replace...

I had a recent experience with Alpha Property Management LLC, owned by Justin Banks. Justin Banks was previously working for Evernest Property Management, a company known for its unprofessionalism and lack of integrit...

Hi - I am looking at investing in a true Duplex. The house has a bonus basement unit. Are there concerns with renting out the unit as a 3rd bonus unit?

An out of state friend wants to partner with me in a SFH which I hope to occupy as primary residence for house hacking purposes for certain amount of time. He expressed interest in having his name as the loan borrower...

Hi - I just closed on a 45 unit property. Towards the end of the deal the seller would not let my property manager talk to the current resident manager.
The  day we closed we learned that the seller’s brother is squa...