I saw a property come up for sale in an opportunity zone that I would consider living in.  
It has an apartment that is rented out in the back and an attic that is plumbed for an apartment addition, so there is an in...

Hello,I am currently working with a seller who owns her home free and clear.  She wants to sell her house but she is nervous that once she sells the home the income will be reported to social security and the income s...

It's me again with another Newbie question...I recently got approved for my first ever home loan it was a 0% down VA home loan of up to $275,000 and the lender said the taxes can only be up to $6,000.Just curious as t...

Easy question to the experts, but for the new investors what are the advantages? I understand that it’s a good way to delegate liability from the individual to the organization. However, does that make a large impact ...

Seeking help/advice on doing accounting on this major remodel. Tax Accounting for Rental 100K Remodel. In 2019 I started a remodel and finished in it 2020. What are the best ways to handle the expenses, rental income,...

Hello, we rehabbed around 12-15 properties last year and although some of the transactions were a bit complicated because we did a few double closes and what not, it should be easily figured out by a "Real Estate" ...

All,I recently replaced a garage door in one of my rental units.  Just trying to figure out if it's an expense or a depreciable asset.  We replaced the door with the same quality and it was $750 (so not too expensive)...

I was approved to buy a second house to live in so that I can rent out where I currently live. I am going to try and rent the house I currently live in for $1700 a month and my monthly payment is $1321. I am new and t...

Hey everyone,I’m purchasing a duplex in Portland, OR with an FHA. Property here is quite expensive, but even with PMI and a high mortgage the payment after rent comes in will be less than renting in most cases. Anyway...

Hello everyone I feel like I'm gonna get some flack for posting this but to those of you who wanna complain bust out those keyboard you warrior you.So basically my father received inheritance from his parents. His fin...