I will try to keep it short, any input would be greatly appreciated. I own 1 rental property with a partner. We started an LLC and filed an SS-4 to obtain an EIN in order to open a business bank account so we could ha...

I know someone that has a divorce finally over with, and now the house must be sold. The only problem is that he cant see to sell it, because the market has deteriorated, and it is in a rural area. He is still deali...

Hello,I am somewhat confused whether to sell my owner occupied triplex or hold it little more longer. I had to move out of state due to a job change while my wife was managing the property ,thanks to my wife we manage...

I make a living with my own small business teaching piano lessons at my student's homes and performing occasionally.  Business is growing quite rapidly at the moment, and I love the work I do. I've only been in busine...

Hi BP,

Just what the title says. I have 4 reo condos under contract, not a snowballs chance in hell, of being financed conventional. I asked for and received (on Paper) a 3yr lock @4%, with a 25yr AM. in hous...

I'm not familiar with Texas weather, but would the risk of hurricanes, storms, tornadoes, and humid weather potentially lead to more CAPEX (overutilization of HVAC), flooding, roof repairs, etc?Is that why insurance i...

Hi All,I am set to close on a duplex in Milwaukee and I am running into an issue with securing a credit at closing for the security deposits and prorated rent on the property. The real estate contract says that the se...

I am trying to get a refi on a BRRR property for a sizeable amount I will be able to pull back out of it.  I was just told that you can no longer just show rental receipts, that you have to have it claimed on your tax...

Warning: Newbie Investor Question!I'm going to start renting out my first house in January and I'm curious if there's any sort of cheat sheet / checklist / reference of all of the different tax deductible expenses tha...

Does anyone have any experience renting out to section 8 tenants? I know some people swear by it, some people won't go near it. experience with pros and cons please? thank you.