Is it true that u can only claim up to $25k on 1040 Schedule E (Supplemental Income and Loss)??

I've read some of MikeOH blogs and it said he's been on a low carb diet. I am also trying to stay away from carbs and wanted to share some recipes that I've been using ( I didn't come up with them). They can be foun...

We purchased a duplex and will be living on 1 side and renting the other. I found out llc is not a good idea. Do I need umbrella insurance or landlords insurance or both? Landlord is significantly more than umbrella. 

I had a Tennessee STR burn to the ground in a wildfire last month. I'm planning to replace, but working with insurance on coverage. The insurance adjuster has sent me a Proof of Loss form to sign requesting my full st...

Anyone know how to exactly calculate supplemental property taxes.. They are such a pain at the end of the year lol.Do you guy calculate supplemental property taxes into your flips profit and loss for exact number or d...

I am considering hiring a public adjuster for a existing/open claim. The insurance company cut a check for the ACV but has not released the depreciation yet. The public adjuster reviewed the estimate from the insura...

I'm new to the STR scene with a recent purchase in Colorado. Curious as to how many of you purchased specific STR insurance vs. regular home insurance and who you are using. Also, are there additional STR policies out...

I’ve been a real estate investor since Moby Dick was a minnow, and I've been satisfied with the 7K supplement to my military retirement. However, when hurricane Ian robbed me of a large portion of that supplemental in...

This post was prompted by a discussion with an investor who approached my firm for tax strategizing. The investor was particularly concerned about receiving proactive tax advice. As opposed to, you know, retroactive t...

Newbie Question

Wouldn't obtaining insurance (comprehensive home owners insurance) on a rental property take the place of cap ex?

Looking forward to the responses