I am thinking about purchasing a house for one of my tenants that needs a bigger place and wants to own their own property. I am thinking of buying a home, renting it to them on a rent to own basis for three years and...

Economic Update
(Monday, March 22, 2012)
The TV commercial used to say “When E.F. Hutton speaks everyone listens.” Well, E.F. Hutton is no more. Now we have the Federal Reserve. And when the Fed speaks, truly EVE...

I’m seeking advice on what to do about a mistake that my contractor made on a remodel that I’m managing from afar.

I explained that I wanted subway tile backsplash in the kitchen. The contractor sends me pictures of...

Hi,I own 4 two-bdr units in Vancouver BC.  Our market here is purely appreciation/principal pay down strategies for investors.  Now I want to invest for cash-flow so my wife doesn't have to work anymore, I am looking ...

My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...

I am a local investor here in Naples, FL. I own and manage two duplexes and have long term renters in place but I am fascinated at the Airbnb space. I know short term rentals are illegal in Naples, so how is it that y...

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

Financial Independence Retire Early (FIRE).  It seems to be everywhere these days.  I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome.  I'm sure ...

Alrighty, I'm in a bit of a pickle folks. I went under contract for my first Duplex yesterday, with the intentions to house hack. We can get into the numbers further into the post if anyone's interested, but the reaso...

As described by the title, what are the pros and cons of telling your house hacking roommate that you're the landlord? Some say to never tell them and let a real estate agent show the house and what not, but I feel th...