Jeff D.
improvements to a leased biz space
I lease a retail space. First year. I put about 20k into remodeling the space this past year. What's the best way to account for that expense on taxes? It's commecial, and I don't own the space, just the biz...
Account Closed
Marketing Ideas for Agents
Hello.I'm curious to know how agents here on BP started their careers. What form of marketing did you start doing?How much did you spend and how productive was it?I'm targeting a community with 545 townhomes that rang...
Chris May
Raising rent on older, ultra long-term tenant
I know there are a million threads already on BP like this, but I didn't see anything that quite addressed my question.Has anyone purchased a rental that had an older tenant paying far below market rates? We're in con...
Edita D.
Educational books, office supplies, a printer - can I deduct these?
Hey guys! I have 2 questions:
1. Are you aware if I can deduct the following expenses:
-4 educational books (legal tax guide, how to successfully manage your properties, etc)
-office supplies: files, folders, paper c...
Account Closed
Security: Locking doors 24/7 vs leaving building open to public
I run a mix use building with residential on upper floors, retail stores on 2nd and offices on 3rd and 4th. Currently the building is open to the public on weekdays and Locked at night and on weekends. I am planning t...
Ryan Leonard
Multifamily Acquisition and Management Software - Hubspot?
Hi - I'm wondering if anyone has a suggestion for what software to use for my current situation. I recently partnered with a real estate investment company in Milwaukee, WI. They do rentals and property management. I'...
Michael Glaspie
Infinite Return with a BRRRR Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rock Island.
Purchase price: $105,000
Cash invested: $105,000
I purchased a duplex with the BRRR strategy. Purchase and re...
Varinder Kumar
Anyone familiar with franchise business
I am looking to purchase a Baskin Robbins in Southern California Los Angeles county. I know this might be off topic but I was wondering if anybody has experience in this niche?? Please advise with any insight. Thank you!
Viktor Singh
Why business account for rentals ?
Hello, I am new investor and have a rental. I was advised to open a business checking account for my rental. My question is why do a business account ? Why not an everyday account ? From brief research, i see business...
Account Closed
Setting up the business entity
For anyone out there, did any of you need to create a business virtual office or a business phone number when setting up the business? I just want to make sure I'm setting everything up properly. Also, did you need a ...