Hello, I started my first AirBnb late 2023 and it was rented out for less than 14 days. Based on the 14-day rule, I don't need to file any profit from my short term rental. However, my main expenses (furnishing the pr...

Hi Everyone, I just found out about Prime Corporate Services (PCS) and had a phone call with them recently where they give their presentation. Everything they offer is exactly what I have been needing help with in my ...

A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearin...

Hello All !My wife and I are looking to start diversifying our portfolio with real estate. I've been on the BP forum and reading lots of books to educate me on this venture.  We both have very secure jobs with good in...

Hi, We are currently looking at a duplex in our area and would clear $350 a month, after Principal, interest, taxes and insurance.   How do I know if this is a good number? What is the rule of thumb? This property is ...

I have found a tenant that has agreed to a relatively unconventional agreement for my furnished property in a popular vacation location. I would like to be able to occupy the property for 1 week every 4-6 months, whic...

I own 6 multi-family properties (3-4 units each) all are positive cash flow, I am wondering what is the better approach ?
1. To allocate income/expense to each property on Sch E (as I have done so far) or
2. To decla...

We have a commercial spot under contract that has a 3/1 house as well as some storage potential and a small commercial unit. In talking with the bank we are getting in house financing at 5.4% amort 30 years. My questi...

Hi I just went in to contract on my first fix & flip in Scranton Pennsylvania, and I am looking for straragies how to avoid paying big taxes for the capital gains, (beside of deducting of the expances).I heard tha...

I've recently purchased a rental property using cash, but planned a mortgage cash-out to roll into a second investment. After reading about the 90 day rule (see below link) for acquisition indebtedness vs home equity...