Hey, I'm new to real estate investing but spent many years watching my dad and uncles do many house flips, brrr's, and rent holds. However, the events that always stood out to me  was how terrible some of the tenants ...

I am new here and seriously considering REI I have been doing a lot of reading and research.. My question here however is whether or not the returns are worth it I see many posters talking about the hundreds of pr...

I have rental property income from one single family home.    I have always reported the rental income on Schedule E  ("Supplemental Income and Loss") form with the IRS and not schedule C because I hold title in  my o...

This is a hypotethical question for me that I did not see answered.  As I understand it, buying a property with intent to flip it quickly, for a profit, makes one a 'dealer' in the eyes of the IRS.  Dealer is someone ...

Hi All - my new tax accountant is recommending that all future rehab jobs have a line-by-line itemized estimate for her purposes.  I ran this by both my mentor and one of my contractors and they pushed back saying tha...

My wife and I keep our financial accounts seperate, and simply share a mutual credit card that we equally contribute to for mutual expenses (mostly groceries).  I purchased 2 houses with my own finances in 2017, which...

Just found out I could take up to $100k withdrawal from my 401k without the 10% early withdrawal fee. Anyone else taking advantage of this opportunity?  I see it as a great way to get started on my first BRRRR.  

To Tim Waltz, MN governor
POSTED ON JULY 15, 2020 BY REALESTATEADMIN
7/13/20 you extended eviction moratorium. Are you out of your mind?
Perhaps you are thinking that this extension would help tenants that lost the...

Investment Info:

Single-family residence buy & hold investment in Dallas.

Purchase price: $130,000

Cash invested: $130,000

A 4 bedroom 2 bath house in a decent family neighborhood in Dallas.

...

I am flipping a house in Milwaukee, WI and am trying to figure out the best strategy for cashing out.  From what I can gather, I have 3 options.  Sell the house right away, rent it for awhile then sell it, or do some ...