Hello, I recently bought a home for about 30k and the home had about 16k in repairs to get it rent ready. I believe this will be added to the cost basis and the cost basis will be 46k but I just wanted to make sure. O...

Hey folks,Have an opportunity for a very exciting deal but would some love some input from the creative financing crowd to help optimize it/make it work.Long story short, I have an opportunity to purchase a 32-unit co...

I am preparing to dip my toe into tax lien auctions in Baltimore City this May. I am logging potential properties I am interested in BUT I am confused as to the bid itself and the actual high bid premium1) When I subm...

I am in final negotiations on acquiring a property that was inherited.  The property is in a good location, thus attaching $value to the purchase price, but there are years of deferred maintenance, and a full rehab is...

So i was researching about passive losses and i found out that i cant claim passive losses if i dont materially participate in the property or (if i am not a real estate professional). How can you show material partic...

Hi, I am new to real estate and I bought a house recently and planning to house hack by renting the basement out while I live in the house for a year or 2 and then move out and rent the whole house. My question is sho...

I have a land parcel in the area of Richmond , VA , which i bought in a tax sale for a good price , it is 6.4 acres lot zoned residential in a great location surrounded by built houses also but needs and easement, i d...

If I were to purchase a home as a primary residence and live in it for only about a year or two, would I apply the 1% rule to the original amount I purchased the house for or the amount left on the mortgage? I'm tryin...

Has anyone ever had any septic design issues with a state approval for a multi family property?
Here's a bit of info:
The property is listed as a multi family home and has been taxed as such for over 20 years (190...

My mother has a revokable living trust that holds most of her real estate property for the benefit of her 3 children after her death.  (Under 3 million in value) There is one property that she was going to leave just ...