So, I finally decided to start an LLC.  After much debate and discussion, I decided to use my local attorney to do it.  I checked with a tax advisor and they said all the start up costs are tax deductible, which makes...

If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses).  Do I need to add the property on my Schedule E?  It...

Just purchased a 3-unit multifamily with a single boiler heating system.  I'm changing over to mini-splits for both heat and A/C and I couldn't be more excited to put that cost with the tenants and give them control o...

Hi GuysI wanted to run this idea of a house hack on the forum as I think it’s a no-brainer idea but my wife thinks I am crazy and opposed to moving and living with folks.Here is my situation. I currently rent a 3/1 co...

Hi Investors! I wanted to reach out to the BP community and see if anyone could help me analyze this potential deal my husband and I have.  It's a 4-plex that is fully occupied just minutes away from a large universit...

I think I am getting the hang of this, but it is still wishy washy in my mind.  The on site people at a complex are going to do the day to day work, and the "property management" line on the expense line are the ones ...

i am confident i can manage the relatively small amount of requests, and have heard some good things about apps and software that are a "one stop shop" for landlords that allow payment, leases, and repair requests. i ...

Good afternoon,Could anyone help me to estimate my monthly expenses if I rent out my single-family house in Sutton, MA? I will be self-managing remotely (from NJ). Please note that I have 25 years of experience rentin...

What’s the best way to handle tax on gains for investors in my real estate deals? I’m currently working in sort of an informal way with each property in my name, not an LLC. I buy, build or renovate, then sell. If ...

Does your property manager pay property taxes and mortgage on your behalf?All rental property expenses paid through the trust account I have with my management company, including property tax and mortgage. I like havi...