I'll try to keep this brief to some degree.  I own a few single family homes, I make fairly decent passive income, but I am bored out of my mind.  Perhaps it's an issue for my counselor, not BP, but I saw there was a ...

This was a unique transaction, and as much as I'd like to say I've "been there, done that, seen it all," this was my first transaction involving a wholesaler. Cast of characters: Account Closed - Wonky-deal-friendly e...

My wife and I are seriously considering jumping into real estate, thus being on this website. I've started reading a bit and we're hoping to purchase a multifamily unit here in Chicago as a "house hack." One concern I...

Hi! We have 9 rental properties in the Dallas Texas area. And are thinking about getting an umbrella policy on top of our insurance. Do you find that this is a good idea and if so what is a good company to use?
Also ...

Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...

Hello everyone,
I've purchased/sold multiple times for my primary residence.  I'm in the process of moving from one state to another, and if all goes well in this market, I should be under contract tomorrow. My plan ...

If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses).  Do I need to add the property on my Schedule E?  It...

Hello everyone, I am in the market for a new CPA to help me with setting up business structure and prepare for my tax return next year. I have talk to a couple of different companies but all of them left me feeling ov...

Houseshare/roommate setting.

Had one person want to bring their 60 pound dog. Said it was house-trained, not kennel-trained. Young tenant, probably 20 or 21 years old. Friendly breed of dog. Would you rent to that si...

I am doing a rehab an older house that will be a rental when it is finished and I was wondering, has anyone put an instant water heater in a rental? I have had the electrical upgraded and added a second bathroom to ma...