Hello,I have a newly-purchased residential rental property, and I'm just now setting up my financial tracking for it.What's the correct number to use as the original cost basis, for depreciation purposes? I'll be spli...

I’m an investor from Canada researching options for flips. My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn’t recognize LLCs the same as the IRS and you’ll end up being ...

I was looking at foreclosure auctions and noticed a house up for auction. It looks like the foreclosure is for the primary loan. I did some research and it was in foreclosure last year, but it may have been for an equ...

Hey all, just bought my first house-hack, has the potential to be a 3-unit after renovation. I'm trying to get my books started on the right foot and while I have a pretty good understanding of how to set up my Chart ...

Have you wondered where the housing market is going in South Eastern North Carolina?
We know that people have certain needs according to Maslow’s Hierarchy of Needs.
Food, Clothing, and Shelter are the essentials t...

Here is what happened:
I hired a general contractor in November 2021 to help me remodel a vacation home. The contract is an all-inclusive/fixed-priced contract. She didn't want to do time-and-material or cost-plus wh...

First time poster and first time real estate investor. Thank you all so much for all of the information. It is a bit overwhelming but I am working through it!In October 2019 we moved into our first home. Bought for $4...

I noticed an empty house while driving around. Checked county website, $27,000 in back taxes/fees. Does anyone think it would be possible to make a lowball offer to the tax office to clear up tax lien with the agr...

Quick question:  Do you all use a MH Scope of Work template that you apply to each property that you repair/rehab (if necessary)?  Or do you develop a separate scope of work (or running list of repairs) that you prepa...

Hey there Seattle investors,I'll be starting down the road to my first investment property soon, and I'd love some advice from experienced folks on how to approach lenders. Is there anything I should or shouldn't do t...