My wife and I are contemplating buying a home for our parents who are in the UK and in their 70s but rent and the uncertainty of whether their rent will increase, their landlord will sell etc.. is starting to cause th...

So the majority of all of the contractors or people I hire to help at my rental I pay in cash because they don’t accept credit card or check and they don’t have an EIN. Another example is cleaning ladies and or painte...

Hi everyone! I'm so happy and excited I joined this group.My husband and I  bought our first rental property in Denver last year, and now we are working a really nice deal on a property close to Colorado springs. Here...

Is there an approximate dollar amount of gain that makes a 1031 exchange worth the hassle? Is there an amount where I should just pay the tax? Another amount where there might be this gray area? Another higher amount ...

So I dropped my first batch of yellow letters in the mail yesterday, and just now got 2 calls, almost back to back. The first was clearly not motivated. But the second caller said that she's not interested in selling ...

Hey everyone, like most people here, I have read Rich Dad Poor Dad several times now and am inspired each time I read it.  In there he mentions creating a corporation to significantly save on taxes.  He references bei...

Hey everyone, had a debate with someone recently and I wanted to verify with all of you. I was told you have to pay capital gains tax on your primary residence and that you can only do a one time tax break to avoid i...

I have 3 houses each $2700 a month in mortgage and no other debt; no credit card, no car nothing else. My total expense is $2700*3=$8100 monthly. My question is in order to buy my 4th house 1million dollar FHA 3.5 ...

Hey BP! I currently own a couple multi-family properties that are all LTRs and work a full time 6-figure job, so becoming an RE pro is almost impossible. I max out the $25k to offset my W2 under passive activity rules...

Just getting educated about the process of buying an "assignable" tax certificate in Illinois and getting a tax deed if the buyer does not redeem. Just had a couple questions I was hoping someone could answer:1. I kno...