Here's the situation:Friend's dad, nearing retirement, owns the property next door to his house as a rental.  He is losing money on it each year and owes back taxes.  Current mortgage is $88k, $1280 PITI/month.  1 ten...

My wife and I own a couple of properties in Los Angeles (1 single family, 1 4-plex). After many, many discussions, we've decided to use our resources and move forward in expanding our long term portfolio and purcha...

I have been managing my own properties, can I pay myself as a property manager? Set up a different business? Pay my wife?

I am interested in finding out if anyone would recommend a reverse 1031 exchange?... If you have an investment property you want to purchase and take the profit from one you own but you purchase the desired investment...

Having spent some significant time working with borrowers buying and selling property who are trying to complete a 1031 exchange, I thought I would post regarding my experience.1031 keys:1. Defer income tax.When selli...

I've got client with a question relating to capital gains taxes on the sale of an investment property. If you have any familiarity with capital gains taxes/depreciation please chime in.He bought a single family house ...

I quit my job back in March of 2017 and here is why. My goal for real estate investing was pretty much like everyone else’s. Financial freedom. I also didn’t want to work for an employer. It was killing my soul. Banks...

I live in San Diego, CA and am buying rentals in KC MO. I will soon have 4 rentals. I have about $320/mo positive cash flow on each after property tax, insurance and property management. Since this will be my first ye...

I know the correct answer to this ... contact a knowledgeable CPA ... and I am looking for one, but in the mean time I wanted to see if anyone any insight into this.Here is what I want to try to do:Set up an S Corp to...

I’m an investor by default (bought an apartment in Brooklyn, NY and then moved to Chicago and have been renting it for 7 years). Based on neighborhood conditions it’s time to sell and we stand to make a significant p...