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I purchased a property from my dad 2 1/2 years ago. The tenant had already lived in the property about 8 years prior to my purchase. I have had to fix a few things but tenant pays every month, on time. My dad did not ...
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Hi BPers,
I saw an accountant state that [b] rental property maintenance expenses
for plumbing repairs and painting may have to capitalized and depreciated over x years instead of a straight expense[/b] in the ye...
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I have 9 properties. 6 with note from private investors, 1 with wellsfargo, and 2 I own outright. Can I take money out or someone leverage the two properties I own? Like a Heloc for investment property?
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Hey BP, I help a lot of new investors and Househackers get their first property and I see people running into similar mistakes. So I wanted to create this post to help those looking to make their first investment! 1. ...
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Hi,I just stumbled upon this idea of hunting down properties sold at tax sale that have overages and informing the prop owner and getting a percentage of the amount..I see alot of mixed opinions online. Anyone know if...
I am looking into purchasing a plex for my next investment. My current real estate agent got me into my current home and says she can also help me find plexes. Is there a specific "type" of real estate agent I shoul...
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Does anyone have experience of renting out individual rooms on a long term basis out of a duplex/triplex? Basically, I've come across a property that is a duplex with 4 bedrooms/2 baths/kitchen in each. The current ow...
I own a home that has turned into an immediate problem child. There has been multiple break-in's at the property, some of which have been burglaries and some have been squatters. The individuals that broke in did the ...
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I have read several threads on this, but I am a newbie and still a bit confused.We are married filing jointly with an income close to 150k last year. We own one rental property. No actual profit last year. Our monthly...
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Hi everyone,I have a few questions around material participation for an STR:1) Activities that count: does anyone have a list of things we know for sure count (eg based on court cases?) Do home improvement activities ...