As it turns out, a tenant in a property I have under contract is NOT on a month-to-month agreement. Instead, they are 2 years into a 5 year lease (2021-2026), signed with the owner prior to the current one that is sel...

Hi everyone, I have a rental property under a single member LLC, so I filled schedule E this year. Hoping to get more clarification/ideas how this travel expense might be deductible:Meeting with a CPA in another state...

I've searched the forums and haven't found any discussions that address a couple questions I have about calculating cost basis of a rental property.1) I know that to determine cost basis, you need to multiply the purc...

Dear All,Are there any wise accountants out there?The Situation:  The LLC in which I own a 50% interest sold a rental property last year and recorded a large gain on the sale.  I had considered this a "capital gain" a...

Any agents out there that wholesale and assign real estate?

Hi everyone.

524 N Robinson Harrison, AR 72601 (If you google it, it has been repainted and has a new roof)

Purchase price: $28,000 / Closing costs $500 / Remodel costs $2500 / Loan will be $0 down (...

http://www.irs.gov/Retirement-Plans/IRA-One-Rollov...Basically one rollover from any acct once every 365 days as of 1 Jan 2015.  

I am about to start a lease for my first out-of-state investment property. It is in Florida. From what I understand, the security deposit needs to be held in some Florida bank. Is that right? Is it possible to hold it...

I notified residents of a rent increase of around 7 percent, since we'd banked a few years' increase. The City of Oakland then passed an Emergency Ordinance capping rent increases, which states: "any notice of rent in...

HELP! I'm under contract to buy a multi-family where the current owner (8 years) used a quitclaim deed to ADD a joint owner 30 days ago. We're fully negotiated and ready to sign the purchase and sale TODAY, but the c...