Kyle Scholnick
Are down payments on rentals tax deductible?
I know the mortgage interest and any expenses associated with the rental property are tax deductible but, is the down payment of a rental property tax deductible?If I put $40,000 down on a rental property, can I deduc...
Andrew Geisler
Key West STR Regulations
Hi,
I was hoping to find out some more info about STR in Key West as what I am finding with online search is confusing. Does the entire island of Key West require 28 or 30 night minimum rental? Are there zones of t...
Jesse Ramirez
Subject To's Legal In New Mexico? Please Help!
Hello everybody, I'm relatively new to real estate investing and have found a spec builder who is willing to let me take over his mortgage/note on the home with some cash flow for himself. Im from Texas and know lease...
Shay Reynolds
Tiny Homes and Pocket Neighborhoods
Recently I have become excited with finding affordable options for comfortable and practical living. Tumbleweed Tiny Homes are popular in California. I think Texas is the state with the most opportunity with a growing...
Ebony M Marshall
Security Deposit Return- PLEASE HELP!!!
I am a tenant living in Chicago. I lived in an owner-occupied building with 2 total units. I moved out March 30, 2024 and just recently received a letter from the landlord (54 days later) with deductions and reasons...
Julio Gonzalez
Asset Classifications for Cost Segregation
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
Thomas Hickey
Special needs house?
Hi All,
I'm researching buying a large 4-5 bedroom house in the suburbs of Boston and converting to light special needs housing.
A few questions?
-does the property need to be zoned commercial?
- does the town ne...
Chaim S.
NYC M1-1 Zoning for homeless shelter
Hi, First post here.. Taking a 100k sf lot under contract. Understanding is that the FAR is 1, unless its used as a 'Community Facility' which will allow a 2.4 FAR. Will a homeless shelter, which I believe is allowed ...
Shawn Jacobs
Negotiating with the bank when buying a foreclosure
Hi Everyone, Being new to BP, I thought I would dive in and get involved! One of my previous jobs, before I traded in my dark cubicle and handful of sick days, was as a supervisor of an REO Department, for a large Ban...
Priyanka K.
Special Cleaning due to COVID?
Hello fellow landlords,Due to COVID, are there any special cleaning requirements of a single family rental house in Texas before the next tenants move in? I was planning to get extra cleaning of all knobs, faucets, sw...