For example, if I state on my return I made 21000 for the year from a duplex, while one tenant says they paid 12000, and the other tenant says they paid 13000. Anyone know if the IRS computers go through and compare ...

I had an AGC come out an give me a quote on rehubbing a duplex, he said he wanted 2% of total cost of deal. I don't mind giving him a flat fee ranging from 250-500$ but a percentage of a deal just because he came out ...

here is the situation...  i bought a single family house to flip, but decided to move there as my primary residence. I need to get a permant mortgage on the property now in my personal name. The current financing is a...

Hello all,  I had a question hopefully you guys could give me some guidance on. I am interested in purchasing a rental out of state. I live in San Diego, so starting here would be pretty difficult. I have a very close...

My first post out here. Learnt a lot from just search and reading through. Great place to learn!. Thanks!Here is my story:Me : SDIRA(IraServices) --> My LLC(EIN 1)Wife: SDIRA(IraServices) -->Wife LLC(EIN 2)Bough...

I would like to start off by thanking Biggerpockets for all this great info. I realized I read this forum a min of 30 mins a day.

Back story:

We had a fire at our apartment complex. It appears to have b...

Hi All- I have an Army vet who applied to rent my property. How do I go about verifying her income from the VA? I can't seem to find anything on how to do it. An old post had a link but it doesn't work. Thanks! 

Hello,
Looking for the best way to layout bank accounts for a property. 
1- account for security deposit 
2- account for mortgage to come out of, that tenant pays into monthly via Zelle
3- account for property exp...

As a residential developer who spent twenty years as a CPA Partner in a large local accounting firm, I rarely post much on the various real estate websites. But, in light of the acts that the GO-Zone tax benefits will...

I bought a 2 family house and live in one of the rentals. Renters pay own utilities minus water and sewer. I created a security deposit and a personal account dentoted as a rental income checking account. My next move...