I got the inspection report for a turnkey property I am considering buying. There was one item listed in the 'Major Item' section. See language below along with pictures:"Horizontal cracking on East side of basement. ...

Hey guys,I have a client here in Southern Florida who has just closed on their house 5 days ago. They received around 70k in profit, do they have to pay taxes on this amount or would this be a good situation to do a 1...

Hello –
I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspective
My parents completed a 1031 exchange over 2 years in their own names – t...

Hey everyone, So I got hit with a Lawsuit Summons recently for Complaint For Damages:1. breach of warranty of habitability2. breach of covenant of quiet enjoyment3. negligence4. breach of contractSo I don't even know ...

Hello, I'm a 20 year old university student from Texas. I've been studying real estate investing outside of school for most of my time at the there. I'm also attending the university for basically free, just to let yo...

Hi All,
Can anyone recommend reading material (BP articles etc) that covers how I can pay myself each month with my rental property cashflow? More specifically, how do I calculate what I need to set aside for taxes b...

Hello,
First time landlord here. My husband and I are currently under contract for our first rental property (multi-family home). It comes with tenants on both sides (one until March, one until September). We plan to...

Just sat with a service tech from a plumbing company and watched the video from the camera they pushed down the sewer line in a 4 family property.  It is a 4 inch pipe, and there seemed to be a fair amount of what the...

Purchased a short-term rental in Maryland in June, but live in Delaware, work in PA. Looking for a CPA or tax preparer that is well versed in the STR loophole and cost segregation. Having a very hard time finding anyo...

Hello, My name is Maggie McCoon and I live and work in Raleigh, NC. I am getting back into real estate investing after a 5 year absence to open a small business here. I would love to make some contacts in this a...