Hello All - this is a newbie question, but should you include your rent in a multi-family property that you plan on residing in? Especially when evaluating gross income and cash flow?Are there tax or liability benefit...

I'm thinking of buying more rental properties and curious to factors that may limit ability to get more loans. I've been borrowing under my person and not my LLC .-I have two loans ($500K total) on two properties, tak...

I own many SFH rentals and when preparing my 2020 taxes, learned about the 20% qualified business income (QBI) deduction. Yay! I think I need to use the aggregated business safe harbor in order to meet all requirement...

We bought a rambler where we got a permit to build a 2nd kitchen on the first floor/basement.

We are plant to rent it to a family member for a below market rate but even if we rented it for a market rate the rent ...

Hi all - I have a question about capital gains. We are in the middle of modification of Child support - meeting with both parties this afternoon. My question is -

Does anyone know how capital gains is figured in gr...

Hello EveryoneI am trying to figure out what is taxed higher interest from a note you hold or cash flow from a property you own?Lets say the interest and the cash flow are $4500.00. After deductions each year you clai...

Has anyone had good/bad experiences using "The Work Number" for employee verification?  We usually ask for pay stubs and do not formally verify employment.  But, we have a perspective tenant whose income we would like...

Hello, we are working on building our wealth, but we aren't sure the best way to begin. We are thinking of purchasing multifamily homes each time we move to rent out, but we only have a little over a year left at this...

I am currently looking to get into my second multi family home. My first property is a multi family joint owned between me and my business partner, we have an equal stake in the property. Naturally we split the income...

Most of the expense assumptions I use are based on rent. For example, I budget 10% of rental income for PM, 10% for vacancy, and 10% for capex/maintenance. Then there are fixed costs: I generally budget $700/yr for in...