So both myself and the tenant have signed the lease renewal. The lease renewal is set to start May 1, 2021. Can I amend the renewal since it technically hasn't started yet? I know that amending a renewal/lease mid-ter...

Hi y'all,

I recently accepted an offer to purchase one of my properties. I was happy but then that feeling quickly dissipated.

The buyer and I agreed on a very tight closing timeline. So my realtor recommended that ...

I found a seller and a buyer. I've had a binding contract with the seller for about a month now, but the seller and I both came to an agreement to go down a few thousand on the house in order for us to sell it to m...

I have a foreign rental property that's been in service since 2013. I recently found out I could claim depreciation for it. I contacted a CPA and he said I would need to amend my forms from 2015 on since that's within...

Hello all, I am 3 days from closing. I had an issue with my 2021 tax returns and my CPA had to get them amended to be fixed. The underwriter said the 2021 tax return cannot be used as legible since its been amended. K...

I am a homeowner in Portland, OR, but moved to Washington State in 2022. I began getting the home ready to rent out in the fall of 2022. I bought tons of furniture (the intent was a furnished home) and put up ads. I'd...

Hi, we converted our previous primary into LT rental in January 2022. It’s been rented since. Purchased in 2018 at $325k, it is now valued at roughly $410k. Is it too late to get a cost seg and take bonus depreciation...

If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?

Have you ever purchased more property under the same LLC with an existing operating agreement? How did the amendment process go? Did you keep the same agreement?Is it better to start a new LLC with the same members wi...

I signed a note with an individual and then used all the loan proceeds as a down payment on an investment property. I have recently paid this off in full, including all interest due and am wondering if there is any w...