Sell or hold rental property?In 2015, I bought a single family home for $685,000 on a 30 year mortgage. It is in the peninsula of the SF Bay Area. I spent one month remodeling it spending a total of $20,000. I have it...

So, I finally decided to start an LLC.  After much debate and discussion, I decided to use my local attorney to do it.  I checked with a tax advisor and they said all the start up costs are tax deductible, which makes...

Good Afternoon,I wanted to get some more information on performing a 1031 exchange when a family member is involved with the replacement property. I am selling some land, and buying a 75 acre family farm which has a h...

I've decided to come out of my comfort zone in 2020 and exchange one of my SFH rentals for my first apartment building. The house is worth 85k and currently has no mortgage. 2 questions regarding 1031 Exchanges...1. I...

I have a house I bought in 2014.  I lived in it 2 years and have been renting it for past 18 months.  The rent covers the expenses, but really doesn't cash flow beyond that.  Part of the reason I've been renting it is...

We are under contract on a building that is 3 apartments and a storefront.  It will require pretty significant repairs including foundation and slate roof.  Because of all the particulars, it qualifies for both federa...

Hey everyone, I'm brand new and my family and I will be moving out of our first home soon and are planning to rent it out.Could someone give me a rundown of the things I want to have in place and squared away before w...

Hey guys, I have a question! Should I open a separate bank account for each rental I own?

Hi,So, I've been crunching numbers on a property in a hot area. It's a 2 family for $350,000. In my opinion and from living in the area (outside of this area) you can't go wrong buying in this market. (Fairfield ct). ...

Can anyone who is primarily a W2 earner and has successfully avoided a large tax bill by deploying STR's cost segregation strategy, share your insights? Considering I'm someone who is vested in my day job, how much of...