I am currently in Omaha, NE completing my Real Estate License courses and doing my research early on a possible broker to work with. I have a meeting set up to talk with them about joining the team, but I would like y...

I put my first two rental properties into service this year.  I quickly checked income vs expenses and see that I have taxable income after depreciation but prior to paying property tax.  The property taxes on one pro...

They took pretty good care of the house. Appeared to have the carpets cleaned and the home cleaned. Deposit was 1 months rent. Thoughts?  How do you determine how much to return?  Do you use it for finding things like...

Hi folks, I currently have a property that I own and will be seeking to rent to market. There is no first mortgage on the home, however it does have a HELOC attached to it with $70,000 limit ($25,000 of that is used)...

Investment Info:

Small multi-family (2-4 units) private money loan investment in Mayfield.

Purchase price: $175,000

Cash invested: $60,000

May 2021 - I am finding out that insurance is much more expe...

I've heard differing ways on reporting flipped home sales. The LLC flipped 2 homes in < 1 yr and 2 homes > year. Partnership is dissolving. Do you record sale using 1065 form 4797 capital gains/ losses, show p...

Just added a coin washer and dryer in a 4 unit building.  Thought we would assign days for tenants to use to avoid conflicts.  Any one have any experience with this? 

I had a family member on one of my rentals make several purchase for a house i bought out of town (but in town for them).  The total expenses added up to about $4,000 across several different purchases. Is there anyth...

Hey BP!
I’ve been diving into the idea of investing in midterm rentals in Portsmouth, VA, and surrounding areas like New Port at Victory, Cavalier Manor, and Waterview. I love the flexibility they offer for traveling...

Is having a ton of rental properties & installment sales in a massive 1040 tax return - an IRS audit flag?? I have about 60 rentals and 25 installment sales. I'm continuing to add more over time. Most are cheapie ...