Hello all,Just this year our family wanted to get into a rv to have some fun in the summer time and build memories. So far it has been wonderful and worth the un-necessary payment every month. We were about to winteri...

First time rental purchase, I'm well in to the 25% federal bracket (and 7.2% state) and plan on being so for at least the next six years (retirement).  I'm analyzing a lot of deals that barely get me 8% ROI but if I t...

I was blessed to have money gifted to me from my parents from their LOC (line of credit). The LOC comes with a monthly payment which I am looking to pay so I get that tax benefit. I'm looking for advice on the best wa...

I purchased a condo several years ago and pumped quite a bit of money into it to improve the property.  I later moved out and rented the place out.  It has been rented now for more than 3 years. So I can't qualify for...

Hi everyone, I hope you can help me. When do we usually include appliances? (aside from the very obvious medical/industrial appliances/equipment). In a residential, for example? Which appliances can I include in the s...

Hi all.So, If I'm on vacation out of the country and need to spend a little extra for internet, say the $9.99 24-hour wifi charge from some hotels or international roaming text messages, etc, can I write that off as a...

Hi their,It is my understanding that if you rent a home for fewer than 14 days/year, it is not subject to tax.  If you rent it more than that, let's say for 15 days/year, do you suddenly become eligible for 15 taxable...

- Do you tact on CLEANING FEES?

My wife and I have the opportunity to keep our current home and rent it out while we purchase a new primary residence. Keeping our current home and converting it to a rental would be our 4th rental. It'd cash flow abo...

Hello all, should you keep flips separate from an LLC that holds rentals?  If so, why? Other than asset protection.Is the income taxed differently?  I typically like to take title via Land trusts and have the benefici...