Hi all!I recently bought my first rental property and up to this point it has been almost maintenance free. Recently one of the tenants let me know that one of the windows is broken. I really am not concerned if she b...

Good Evening!I am closing on my first property next week! After about 1-2 weeks of work I'll be ready to rent it out. I am working on the finishing touches to prepare myself to enter the wonderful life of being a land...

First time using this BP app and writing a post, not sure if I am doing this correctly I am buying my first home (3 unit) house and using a FHA loan the appraisal from the bank didn’t approve my FHA loan because there...

I have an LLC with 2 partners, which holds a multifamily property. I have no dependents/mortgage/student debt/etc. so I am still under the standard deduction.

My question is, what happens to the K1 loss that...

I have 2 people lending me money to do this flip but she whats a documentto send to an attorney because she is lending me the money for a 90 day period but it has to go back to her 401k in that time frame to avoid pen...

I have 2 rental properties. I have mortgages on each and am depreciating each. I am taking deductions for everything including travel (relatively local) and meals, plus the obvious like repairs, cleaning, etc.

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Hey guys, I am looking to get a loan to build an adu attachment to my house. I can not get an fha or conventional loan to pay for it because I can’t cover the dti. I have about a 78 percent loan to value based off com...

I have a property manager managing my rental in Memphis, TN. There was a pipe burst which was fixed by the management firm for which I was charged. There was a charge for drywall repair that has not been done. However...

Does anyone know a good source for a standard operating procedure manual for a house flipping business?  Especially standard protocols for every flip - like certain things to always make sure are done or be aware of (...

I was wondering what common Prop Manager agreements are for.  I just found an apartment in a new area and the Prop manager wanted to have a one year term with automatic renewal for double the term.  Is that standard?A...