I am about to sign a lease with a tenant who is paying the whole year upfront. It is mid November and I am concerned about having 10.5 months of rental income for 2016 being on my 2015 tax return. This will raise my t...

My son just turned 1. As most people know, friends and family tend to gift money to a child on their birthday, because they do not know what is best to give them. My wife and I want to be good stewards of this money, ...

Hello everyone! First post in years. So I am looking for a mortgage company/agent. I want to use VA because the whole point is to save money on the downpayment and buy a 4 unit.
1. I do qualify for VA loan. (Already ...

Hi everyone! So I want to open a roth IRA account for my 4 y/o son. I did some research online and learned that any money deposited into the account has to come from my son's working income. From what I gather, accept...

Hi my name is Daniel,I am a 38yo father looking to replace my earned income over time. Just like you folks, I am here to introduce myself and network with other fellow investors.  Since I was working nightshift as a n...

I have a court judgement against a former tenant for unpaid rent and damages. How do I include this in my tax return if at all? I assume I can only claim for the assessed damages portion, as I have yet to complete ful...

Hello All, I have been working on my real estate business for the last year. However I have not had a business account and have been using my personal funds and Amex for my expenses. So I need help understanding how t...

Hi everyone. After countless hours of research and listening to realestate investing videos I feel ready to take action. I am seeking feedback on my first step and plans for the future. I am a truck driver and I plan ...

Quick general question- If my LLC (s-corp) had profits last year from real estate sales, but I did not collect on any of those profits (ie what was earned stayed within the company account) do the LLC members still pa...

Hello everyone,We are nearing the end of our first rehab and flip project, and I was wondering how we go about writing off expenses for taxes. I was getting fairly clear on how to do it for rentals with division into ...