I've been renovating a duplex since June, 2011 (I know. It's almost done.) Had a tenant prior, but it's been vacant since then due to the remodeling. I know I can claim the 2011 deductions because I have rental inc...

I invest in tax liens and recently received a notice that one of the properties I have a lien on is in violation of the housing code and fines and penalties may begin being assessed next month if the corrections are n...

Anybody have any experience with his?
Here's the situation. I'm buying a personal home. It's a short sale. So I put made an offer and the offer's accepted by the bank. Later when I go through with the 203K consultant...

Happy Monday everyone,I was listening to the BP money podcast and learned about the individual or solo 401k option.  I have a W2 job with a 401k plan and rentals as my side business.  I contribute ~$15k and my company...

Renovating a house I bought in another state over several yrs, and they were hoarders. Little by little I travel there to empty it out and repair it with the intention of eventually selling it. Are the travel expenses...

Due to the lender requiring insurance, and it being common cense, there is a sizable coast associated with insuring a property. Is rental property insurance  tax deductible as a business expense?

We own rental properties in the state of Arkansas. We travel to Texas for real estate education. Our mileage was 300 miles each way. We paid $70 for each ticket. $150 ticket total, plus one day of travel expenses. The...

There are lots of articles explaining the rules for home office deduction.None of the apply to my situation because:a] I have no dedicated area.b] The desk, computer, etc are also used for personal use.Those things wo...

We own rental properties in the state of Arkansas. We travel to Texas for real estate education. Our mileage was 300 miles each way. We paid $70 for each ticket. $150 ticket total, plus one day of travel expenses. The...

just did my 2018 taxes and I have to pay uncle sam this year about $3300. when I ask if I should buy rental properties I was told because my wife and I make to much that most of the rental income would be a wash.so le...