Hi, We bought two investment properties in one a planned neighborhood (main HOA), but under two different sub-HOAs. One in 2019 & another in 2020. It has been a great area with good tenants. And we suddenly receiv...

Hello Biggerpockets members, Last year, my wife and I bought a Miami property with 2 detached homes on it (1 mortgage). We are renting (was already rented) the smaller 1,400 s.f. home. The larger 2,100 s.f. is our pri...

I have read from several sources that RE investors MUST use the cash accounting method. Our CPA says this is not true. If the state is important, we are in SC. Can anyone confirm this one way or another? To give i...

Hey everybody I have a duplex that I bought in 2016 and lived in for 2 years before moving out and renting both units. I bought it at $266k and it’s worth over $400k now. My goal is to partner with somebody who has co...

Location: Chapel Hill, NCWhat kind of court/lawyer would a tenant or landlord go through if unfair practices were taking place?There are several things going on in my situation where I am actually the tenant:1. The ap...

Tax Deduction Question:Taking a long road trip to Iowa to look at properties to purchase for rental this weekend. Wife and kid in tow, we have some family to see there, but most of time will be for looking at property...

there is someone i work with who claims to be a "short sale expert." she does this on the side. she says I can get a short sale on my wife's primary turned investment property without being taxed on the loss. When I t...

Hello ALL,My dad has a property that has been in the family for years, it has tons of equity. He is considering selling this property and i am interested in taking control. Is there a way i could take over control of ...

Hi tax expert!

This question screwed me around all night! i couldn't find an answer for it!

I want to claim my mother as a dependent for this year. I know that her gross income need to be below 3900$...

Does anyone who had claimed status as a Real Estate Professional with the IRS also have a full time job? I own 4 rental properties and I also work from home a medical supplies sales rep. I buy and manage the propertie...