Robert Burns
Tax Deductions
I've recently had my accountant do my 2008 income taxes and I was surprised that he informed me that I could not take deductions for my real estate investment training that I purchased in 2008. A big one was the Rich...
Brian Nel
What due diligence in determining cost basis for depreciation
In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...
John Thedford
Dear FL Tenant: I Intend To Impose A Claim On Your Security Depos
First: security deposits do NOT belong to the landlord. They are exactly as stated: security deposit.They MUST be housed in a FL financial institution per FL statute. They cannot be co-mingled.Now, your tenant left "d...
Account Closed
Huge issue with tenants
Hi All, it is going to be a long post..
I have a house in Evanston (sub Chicago). It is rented to 6 students. I emailed them asking if they stay at the house when pandemic began. They did not respond. I have a clause...
Miguel Sanchez
Potential Tenant 580 Credit Score...Are All Scores Created Equal?
Good day!Wanted to ask the landlord community their take on this matter. Let me preface with the fact that I've been following the BiggerPockets Tenant Screening: The Ultimate Guide throughout this entire process. O...
Dan Schnurbusch
Dan, New Investor in St. Louis, MO
Hello BiggerPockets folks,Although I originally created my profile a while back, I never got serious about real estate investing until quite recently. After obtaining my law degree from the University of Missouri, Col...
Debbie S.
How to tactfully reject this applicant
I have an apartment for rent. There is someone (let’s call him Bob) who lives in the apartment building next door and he wants to rent my apartment. He has not yet filled out a rental application but he did call me on...
John Ross Valderama
FHA 203K & House Hacking
Hello,I decided to stop listening to podcasts and get off my rear to start getting my feet wet. I am thinking about doing the FHA 203K loan for a fixer upper. Since it's an FHA loan would I know that I need to live in...
Mike R.
what did you do to survive 2008?
now is a great time to be a landlord, but we know it won't be this way forever...Would love to hear from other investors about how they survived the economic downturn of 2008. During that time, what was the top two t...
Kyle Scelza
Long term Property Management
BP Investors,For those leveraging property management what’s the number one thing you can’t live without that your PM provides for your business?What’s the one thing you wish your PM did offer?Love to hear some discus...