I own a First Mortgage Real Estate Note with a face value of $90K. I paid $72K for the note, which has a balloon payment in 2 years. Does anyone know the tax implications, if any, when I realize the $18K gain from t...

My business partner and I are considering investing in Memphis, TN! Obviously the relatively low prices are appealing and make the 20% down payment very doable. What are red flags that you have seen for that area? Are...

I am currently looking into a freddie mac foreclosure.  The home was built in 1990 and is in good condition except for the fact the home had a water leak and now has an extensive mold issue.  The trim along the floor ...

I'm working on scaling my STR holdings and with the mainstream ISPs I am required to set up a new username for service at each new place.  At 2 units that was okay.  At 4 it's getting complicated, and thinking of 10+ ...

Should I incorporate before buying first property?

Fine with paying normal CA operating taxes and reg as long as it's once per year not two hits. No active business in WY. It's exclusively for holding purposes for anonymity. If I use this structure will I pay $800 fee...

I am looking into selling my STR in TX using "subject to the existing financing" while utilizing a 1031 exchange into a new investment in MN. Is that something that is even possible? If so, can additional funds be bro...

I have purchased a primary residence that I will turn into a rental in Michigan.  I plan to do deals throughout the country though. 
Should I register my LLC in the famous 3 of Delaware, Wyoming or Nevada?  Or stay i...

Hey all!
Curious as to when you feel it is necessary to hire a CPA and then what is it like working with them? Is it just around tax season, all year round, etc. I'm 19 now and while I don't have any major businesses...

My best friend/business partner was gifted a property in La Habra Heights CA that his dad purchased back in 2018 for $540k. His dad demo'd and grated the property and spent the last two years going back and forth with...