I'm looking to purchase in a igh income area for the school district. The average Home Price is over $400K. How would one approach the Lis Pendens in those areas? Letters? Knock on the doors? Ideally I would like...

I am in a process of buying a property to rent it out. I know that the cost of bringing the house to habitable conditions is only deductible when you sell the property. But since you can deduct property maintenance ev...

I have located a mobile home park in a rural area, approximately 45 minutes east of a major city.   My brother and I are looking to go into this together.  He is 45 minutes away from the property and I am 4 hours away...

What is flipping houses?

Let’s start with the basics to make sure we are on the same page about what “house flipping” is.
Essentially “house flipping” or “flipping houses” means you are buying a house and selling ...

Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...

Hello, 
I am just starting to invest in real estate. Rather than investing out of pocket, I am planning on getting a HELOC on my primary residence that has significant equity in it. I plan on using this as down payme...

Can you take money from roth ira to do construction without paying taxes

I have been working full-time RE,  BRRRR method on single-family homes in my local area for the past 4 years.  22 homes completed-  (2 sold) 20 long term rented.  My interest for this Post is my lending method thus fa...

We have an established LLC in South Carolina.  For tax purposes, we intend it to be disregarded entity.  We will be purchasing at least two SFHs in the LLC soon.  We're going to BRRRR the two houses and keep them for ...

I'm fairly new to real estate and have quickly learned that the IRS gives us investors a lot of breaks but it comes at a price. The last few hours have been spent wandering around in a quagmire of IRS Publications tha...