Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $320,000

A multi-family property in Sevierville. I rent out each unit on Airbnb, Vrbo, and other booking sites.
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Picked a bad tenant, they lied their way through screening, paid rent and deposit and haven’t paid rent since. 2.5 months gone by. Hired eviction company to help get rid of them, this help has been limited since prope...

Cost segregation has been a very popular tax strategy for real estate owners as it can provide significant tax savings. A cost segregation study is a strategic tax planning tool that separates the assets that have a s...

My husband and I just purchased a condo in Mexico with our Self Directed IRA. We created a 50/50 partnership LLC to do this. I'm looking for a CPA to help guide us so that I make sure to keep the correct records for e...

Hi, Looking for help/insight on Land division in NE PDX.  Let me know your thoughts and experience please!I was looking at a property with an existing home that could easily have a flag lot behind it (link below).  Si...

Short version of the story:  
-My mom has dementia, is out of money, and has been moved to an independent facility.  The house is owned outright, but she is otherwise broke.  We are loaning her estate 5K/mo to pay fo...

We are in the process of rehabbing a property right now and have learned that our general contractor is very interested in investing in real estate. They have expressed interested in learning about our process when re...

I haven't seen much discussed about property taxes, and maybe it's just a concern to me because of where I live. Cook/Will counties in Illinois of some of the highest property tax rates in the country, the property ta...

Hi Everyone,I apologize if this is a dumb question, but please enlighten me if you'd be so kind. Why wouldn't I hire a Property Manager if that is a Tax Deductible expense? Why would I do the work myself if the cost o...

Hello,  
I purchased a legal 3 flat in Chicago (RS-3 currently zoned) that that we are gut rehabbing and are looking to convert the basement into a 4th unit.  We will have 2 means of e-gress, proper ceiling height (7...