Chris Burke
Capital Gains Advice - Sell or hold
I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental. Trying to understand if we should sell now...
Michael Arreola
to turnkey or not to turnkey
hello bpSo I am a new investor who is working on my cash position right now. I should be in a "comfortable" cash position early next year. My question is should my first property be a turnkey? I understand that I won'...
Scott K.
How to get a contractor to meet their timeliness?
I've had so much trouble getting contractors to just get CLOSE to what their job time line estimates were. Any tricks or ideas to put into a contract to incentivize a realistic time line? Some kind of money incentive?...
Chris Purcell
Repairs - Are you always present as a Landlord?
I guess my question is - when you have somebody come to do repairs - is it OK to schedule the appointment, and have the Tenant let them in on their schedule?Or are you supposed to be there to not inconvenience the Ten...
Devante S.
How do I file personal and LLC taxes as a first-timer?
Hi everyone, maybe a rookie question here, but I had a W2 for a good portion of 2023 and also had a self-employed business for the other half. How exactly do you file taxes when you have a 9-5 but also generate income...
Brandon Ribeiro
Lost a job/ seeking a job
Even in the peak of the pandemic, i still had to go to work every single day. one would think that i had a pretty secure job...Yesterday the owners of the company i worked at got together to review financials, and the...
Matt Schultze
Contractor Question
Hi allI am looking to purchase a prop that is going to need more work than I can handle. I am looking to add a kitchen and bath on the main floor of the home. (no idea why there was none before) this will convert this...
Will Bradford
How to stop no shows
I just got back from a showing where the prospective tenant didn't show. It was scheduled for 7pm and I called about 5 after and of course it went to voicemail.
I'm just looking for tips from experienced lan...
Ricky Stafford
Finding financing with only income from Airbnb
Has anyone been successful finding conventional financing with only Airbnb income on your tax returns?I currently have two rentals and am looking to expand. I quit my job a long time ago and don't really want to have ...
Andrew Thomas Vedder
Tax deductions for real estate
Hi BP,I’m struggling to calculate the potential tax benefits for owning a real estate investment property. My research has shown that the following are the greatest available rental investment property tax write offs:...