hey everyone, i listened to podcast episode 172 about apartment complex investing not too long ago. On the episode the guy being interviewed said banks typically require you to keep a certain amount of cash reserves i...

I read that with an sdira or solo-401k you cannot have any part of a property owned by the fund be for personal use, can't live in it, can't let your uncle from Hawaii crash in it for a week etc.

What a...

Hello, I’m helping my son start a junk removal company and he has come across an opportunity to service an apartment complex once a week. It would be cleaning dumpster areas of illegal or over dumping. I’m looking for...

We renovated and used a home as our primary residence for a number of years before converting it to a rental.  We have detailed receipts and spreadsheets summarizing the cost of the improvements that were made.  I bel...

I purchased a house for cash off a HELOC in 2022.  It is in rehab now and no income has been generated from the property.  My W2 life is very simple, so I typically just take the standard deduction. Do I need to itemi...

Last year I bought a 4 unit, 2 story purpose built apartment. I use a property management company but I also stop monthly to check on things. The place has been clean and quiet until a new tenant moved in last month. ...

I was hoping to get some professional opinions and expertise.  I have 2 quotes for renovation work on a house.  One quote has the items listed, shows the price of each item as $0 and then has a final total.  I have no...

If I have a receipt for several items that I used for a repair on a rental house, am I allowed to include the sales tax on those items in my deduction too, or just the base price of the items? I've called IRS and have...

Hello,We bought a duplex this year and have been house hacking. I'm curious as to how tax deductions work in this situation? Since we are also occupying the space how does it work when it comes to mortgage, mortgage i...

When flipping a house do you use the same template for the flip? I’m sure the rehab process varies from house to house, but in general do flippers try to stick to the same game plan? I.E. same countertop, lighting, pa...