1) Does your rental property need to be under an LLC to take advantage of tax decuctions such as depreciation and mortgage interest tax deductions or can you still take advantage of these deductions if the home is un...

I'm in the Chicago land area. Does anyone know of any wholesale friendly escrow companies or closing agents ?

Starting to use the calculators and crunching numbers, but have come across a listing that had this in the description:
"Property Sold As-Is with no warranties expressed or implied. Listing information is not warrant...

My three bedroom unit has three tenants, and as of earlier this week one of them now has an emotional support animal (proper documentation was provided).  I had all three tenants sign the addendum to add the dog, howe...

Hi All,I purchased my first property in 2017. It was a foreclosure in Knoxville, TN listed for 42. I offered them 45 and financed the deal through an FHA 203K. I remodeled the kitchen and bathroom and added some basic...

Hello All!!  I am new to this venture, but I am so excited to get going.  I talked with a lender and got approved for a loan, however my question is how do people get going with the large down payment needed for a loa...

we paid cash for a multifamily property. When creating a monthly profit and loss statement do you include property acquisition as an expense? Or do you just include it in the balance sheet and don't really count it as...

Hello all,I've been looking into something I'm trying to figure out for the first time as it pertains to an owner carry back along with a mortgage.  There seems to be a lot of varying opinions and rules surrounding th...

Afternoon,I hope I posted this in the right forum...as a "newbie" who is interested in house hacking, I wanted to get an idea of what type of renovations/changes that you had to do to the property once you bought it. ...

I know there are lot of property owners in our forum. How many of you really know about Texas Property code which pertains to the Rentals?Please don't go google immediately and post the answers.   Try it out without s...