In case you didn't read my profile a short understanding of us.  We have been renting for 8 years and we have been learning this as we go.  We have recently started using Bigger Pockets which has been a HUGE help so t...

Hello I have a rental in a C to C- area in town and I am finding that the tenants are consistently late on rent. I think at the end of the day they just don't make enough money with rent making up about 40% of their m...

I was wondering is it better to hire a property management company or should I do it myself? How do you find good companies? What questions should I ask, and what things should I look out for? Do you know any great p...

This is my first time filing taxes and having investment properties both purchased late last year. Normally my wife does our taxes through Turbo Tax and that’s what we are planning on doing this time as well. But what...

My wife and I want to relocate to the Austin, Texas area and purchase a house. I went through the financing process but I need a cosigner to get the final approval. We have credit scores in the mid to upper 700s, all ...

I own one rental house. I owe 60k on it and it rents for 675/MO. My husband owns our primary residence. We owe 125k and it is valued at 170k. We applied for a 40K HELOC to finance our next rental under that house. My ...

I am trying to decide whether househacking makes sense here if my goal is to generate $6K/month passive income asap.
I live in bay area California. I have the opportunity to build two ADUs on my primary residence. Th...

Hey everyone, what is simply the best and most strategic way to pay off your credit card?

Let's say you currently have a balance of 1k on your credit card. Is it better to pay off the whole balance at the end of the ...

Hello and thank you in advance for your help. Single family home is rented to 4 girl friends with a one-year lease.  One moved out two weeks ago, gave the others a month notice and payed rent to cover till the end of ...

Hello CPAs! I am struggling to get a definitive answer to the question - are payments from a Performing Note passive investment income or are they ordinary income? I have seen it described as both - and lets face it, ...