This is silly,  but my husband and I cannot agree.  We rent condos in Naperville,  an affluent suburb of Chicago that has been voted one of the best places to live in America a couple of times.  Very good schools.  I ...

I am new to Real Estate investing. What expenses can I deduct on my Income Taxs?

Does anyone know where I can find a checklist of what is deductible when being a buy and hold investor? I m looking for any guidance that is out there to start getting documents, reciepts and invoices inline.

Hello All,This is my first year owning rental properties and was fortunate to buy 2 small properties. What should I be doing throughout the year to best maximize my tax returns each year? Any tips, advice, things to k...

What all can I deduct as business expenses?  I closed on my first rental (a duplex) yesterday and want to make sure I maximize all my deductions.  Can i deduct internet, cell phone, office supplies, car insurance (if ...

I was wondering if anyone knew more about the tax deductions that come with your properties. I know of the certain ones that you can write off but I was wondering if there is a certain amount you are only able to writ...

Hi there,I am in the process of purchasing a mobile home park.  There are a few park-owned homes that I want to sell to the residents while holding the note.Has anybody done this?  If so, would you mind sharing your c...

I was told that if you or your spouse is a real estate professional and you own real estate, you benifit from it?? Is this true and what all does it mean. Thank you

Maybe I'm naive but here's how I think we should have spent the first bundle of bailout money.

1) Take a look at each loan in Foreclosure and see what could be done to get them out of that state. (buy down interest r...

A 50/50 partner and I just purchased a duplex with a conventional loan. We have a tenant in each tut came with the property and receive 1000 in rent. P&I is $200 with taxes and insurance NOT in escrow. We have no ...