Sold home on land contract but I still have a mortgage on it. Who writes off the mortgage interest on their taxes?

Hi everyone! My wife and I started investing this year and are looking for a CPA in Raleigh who is experienced with investors and has creative strategies/ can maximize deductions (aka were fine with loopholes) :) reco...

Quick question . . . . we picked up a fix-&-flip in late 2021 and am putting it on the market this coming weekend.  How do we handle the money invested in 2021 (purchase, eviction cost,  renovations through 12/31,...

Hi there my name is Joe and I am aspiring to become a wholesaler in the near future. My question is, should I collect earnest money from cash buyers when wholesaling a deal? If yes do I get to keep the money even afte...

Hello, I am new to this investing life and was wondering if anyone know what books to buy for learning about tax deduction, and property taxes. I live is chicago,IL if that helps.

Looking for opinions of the tax risk of re-financing a mortgage on a rental property.I have read something about the IRS disallowing interest expense of such refinancing.Cheers,Buddy 

For estimation purposes,  ball park, what does a landlord policy cost?$300k SFR$500K - $1M Liability, high deductible. no pool, no trampoline,  tenant occupiedThanks

Hello. If I use a line of credit for a down payment on a apartment complex when i buy it and start getting cash flow and i use some of the cash to repay the line of credit what tax issues would i face?? Feedback is ap...

Currently looking to purchase a new primary residence and list my existing home. Long story short, I have made several improvements since January and I am wondering if I can offset the cost of improvements this year c...

About to pull trigger on first flip and wondering how others financed first flip?