If I have a contract on a property is it possible to go to the lender and negotiate the balance down for a cash payoff? The note is incurring daily interest, property is in bad shape, and lender would most likely have...

I am looking for a way to optimize the way I handle property maintenance expenses and am hoping someone has been more creative than me and already solved my current issue. Any advice/ideas are appreciated.Current Set ...

I couldn't find information on this in the forum or online, but heard about it on one of the BP podcasts. How do I deduct mileage expense while I'm searching for my next property? Does it matter whether or not I have ...

I am a landlord in Coachella, CA and rent my house room by room. I have a tenant who paid through Venmo several days ago. The money has completely gone through to my bank without issue.However, he is asking for the mo...

At what point can a business deduct a reimbursed expense: On the date incurred or on the date reimbursed?ExampleI use my personal credit card to pay for some business expenses at the end of 2019. The business reimburs...

Is it recommended to refinance a home to purchase a rental property but continue to live in home with new rates?

Hi All!
Im in the process of converting my garage to an ADU that'll be fully rented within the next few months. For tax purposes, all the expenses I'm incurring are deductible right? can I put them on my schedule E f...

I'm probably overthinking this, but have any of my local Chattanooga, TN investors invested in the Rossville, GA area? Are there any pros and cons to doing that over buying in Chattanooga or any things to look out for?

I have a 6 conventional fannie mae back loans on my different 1-4 unit properties. The due date on my bills state the payment is due on the 1st of the month. When do I actually need to make the payment by to not incur...

"Defendants failed to appear"; Judgment for $554,511 against Oceanpointe & Bert Whalen jointly and severally. Looks like they may have thrown in the towel on the civil cases. From the final judgment order:"IT IS ...