I know a person that walked away from property at the first notice of foreclosure. The title/property is still in their name, the taxes are in arrears and as far as the city/county is concerned they still own the prop...

A buyer client asked me about the following scenario. Any advice? 
Two partners want to purchase a 2-family in their personal names or an LLC and close on December 28th  Unit 1 comes with a long-term tenantUnit 2 is ...

Hey all,I am on W2 and curious if I can pay less tax by writing off the remodel expenses of a rental property (that’s is under my name).As an example, if I earn 80k, and I remodel my rental property by spending 40k. w...

I am about to purchase a town home to rent out. This will be my first property that I have ever rented. I am wondering do I carry the same type of insurance as I do for my home? What about home warranty insurance, is...

I had a property management company that is offensive in their charges and their accounting practices.  After notifying of service termination my next bill was over $2,000. Let me start with the questions then the dia...

Hello all you smart people......I have been a stay at home mom (my husband works a 7-5 government job) and commercial real estate investor for the last 20 years.  Every year I discuss our return with our tax preparer ...

I'm closing on a 4-plex in Dallas and just got a sticker shock for the homeowners insurance. My broker quoted me $6800 per year! Even the current owner is paying $5700! So I asked my broker to shop around more. Is tha...

Hello everyone,I have a fun situation down here in Florida that I was trying to work through. Basically I have a bully of a tenant and back in March I filed a termination letter of their month-to-month tenancy to get ...

Hi,I am a R/E investor that is seeking the community's thought on the following tax related questions. Please feel free to chime in and provide your two-cents. Appreciate any help in advance.Background Information: I ...

I'm a big fan of Scott McGillvray and I know he's a fan of Kardean vinyl plank flooring. Only small independent flooring companies seem to carry it, and it certainly did look pretty good. But, it was also super expen...