I've had several complaints from neighbors about one of my rentals in GA, which has a Section 8 tenant.  The tenants pay rent on time and treat the property at the minimum acceptable level.  They punched a hole in a d...

2018 is comming up fast and Washington is debating a tax reform bill. I have not heard anything local from Milwaukee or Wisconsin State level, but I would be curious to hear comments on the proposed tax bill on a fede...

As a general contractor here in the Chicago area. I want my fellow investors to remember when hiring a general contractor, included in the costs of completing your project he/she will charge overhead and profit. So fo...

I have been grappling with a question in the back of my mind that I'd like to open for discussion here. The question is wether wholesaling is unethical or not?  I know that it is legal, but my question lies in wether ...

Hello all,Since the Houston market is ultra-competitive these days, I would like to look outside the city and Beaumont, TX came on my radar. I looked at threads pertaining to the Beaumont, and they seem to have a favo...

The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...

Currently, my business partner and I are looking to put an offer on a single-family home for a house flip. The house is listed for $230k, and we plan to offer $235k. The potential after-repair value (ARV) for the prop...

Hi everyone,
I'm currently processing my first ever application for our rental property.  Three guys want to lease for 1 year: Guy A great credit, makes 2.5X rent, no eviction/crime/lien record.  Guy B credit meets o...

While I greatly respect accountants, I want someone to explain why they're worth the fee for 90% of buy and hold investors. This year my refund was $3,800. My total tax prep fee was approx $4,200 (not unusual if you a...

Hi all,I have an offer out for a 2-unit property that comes w/ a tenant who is paying 1/3 of market rent. The sale is contingent upon keeping the tenant who is related to the owner. She appears to be in her 80s and di...