Taylor Robertson
Tenant asked me if his girlfriend can move in with him?
As the title says, my tent ant contacted me today with this question. He lives in the duplex I own next to me…. She’s stayed over at his place a couple times a week for the past few months. She would bring her dog as ...
Warren Wright
Purchasing a property I am renting with a 1031 exchange?
1. I want to rent a house (that will be a rental) with acreage with an option to purchase. 2. I plan to then sell 2 pieces of investment real estate. 3. Then purchase the house and acreage with a 1031 exchange. I want...
India Brown
Finding the first property to flip
Flipping real estate is so very intimidating. How did you start? What was your criteria as a beginner? How did you find your first property to do a flip?
Account Closed
Business Account vs. Personal Account
I will be closing on my first rental property at the beginning of November, and the purchase was made with two partners. We have talked about the possibility of forming an LLC, but are leaning towards not forming one....
Lori Sullivan
IRS deduction rules around STR purchase to listing
I am having a hard time finding if IRS has rules if there is a time limit (purchase to in service date) on what can be deducted.
Scenario - STR home purchased in August 2023. working on home to set up for STR Augu...
Angela Henderson
Addendum to Section 8 Leases
Anyone landlording with Section 8 where you added an addendum to the HUD Lease? I want to put in my own quarterly inspection criteria and am unsure of what I want to put in as a checklist that I intend to inspect. W...
Zachary Bellinghausen
No 3x rent income, but $100,000 from house sale.... Yeah or Nay?
I have interest in a property in Salt Lake City from a Medical student and her partner who is also a medical student. Rent is 1400 a month and she will be receiving $2000 a month for tuition/living expense, her partne...
Vincent Carroll
Security deposit and cigarette odor/violation of nonsmoking
Greetings,My wife and I just got rid of our first (inherited) tenants, thankfully (we did a non-renewal of their month-to-month lease). However, they were on a nonsmoking lease (with the prior owner as well as the new...
Brian Nalley
Pension Plan Payout Questions
I received a letter last week from a previous employer about a pension plan I didn't even know I had. I have the option of rolling it over into IRAs or employer plans, taking a lump sum payout, or getting a monthly ch...
Anthony Zamora
Real Estate Wholesaling
I’ve been hearing a lot about wholesaling and I just wanted to ask, what is it? Does it work? Is it worth the time? Is it a good way for a beginner to get into the real estate business?