I might be opening a can of worms with this topic but oh well...Alright, so about a year ago, I was in a real estate seminar with Robert Shemin presenting for the entire day. As part of his product sale, he mentioned ...

My aunt and uncle have multiple Rental homes. My uncle recently passed away and my aunt wants to know if she can start deprecation over? And the tax basis?

The holiday season is almost here, and for many real estate investors, it brings both unique opportunities and potential challenges. Some investors say it’s the perfect time to get deals done, while others prefer to w...

In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...

Hey, I'm working on a spreadsheet and I'm wondering:

Does the Net Operating Income include deducting the costs for the "big items" that happen every so often, like roofs, parking lots, etc? I mean, if I set aside 3...

Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...

i am scheduled to meet seller. He seems very motivated to sell. His asking price is $72000. He is willing to accept $59000 cash. The house is 3 bed 1 bath all brick 1789 sq. ft. Decent set up, needs $8000 to $20000 w...

I'm brand new at this, and I found a great property, but it's scheduled for auction. Can I still pursue this? Or is it too late? The homeowner is still trying to sell, but if it gets sold at auction the homeowner won'...

Is there a good book recommendation that covers the project management side of flipping: proper record keeping, contractor management, scheduling etc?  Looking for something granular to help us build out checklists an...

Does anyone know where I can find a program that produces an amortization schedule that will handle different payment amounts AND different dates.  All amortization programs I found are fixed dates and payments and th...