Hello BP Community,Something I have been thinking about recently and would appreciate guidance or thoughts on. This year I will be purchasing a personal residence and an investment related property (2 separate purchas...

Hi All

I have a large garage in my single family in Oakland, CA (approximately 400 sf) that I want to convert into an ADU, preferably a 1 br. Want it permitted and separately addressed and separately metered, ideal...

Hello Folks!Got a newbie question.  I recently closed on my first rental apartment here in NY. The seller is renting it back from me for the first year at least. My question is do you have a separate account where you...

Hey folks - I'm thinking of switching up how I do my checking accounts for my rental properties and I'd love to hear from some of you who have multiple different properties. Right now - we run most of the income/expen...

As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...

I bought my 1st home in FL. in June of 2008. It was homesteaded in 2009. I got married in 2010. In 2016, I turned my home into a rental property, at which point I notified the city that the home was rented to remove t...

If you put your previous home up for rent (10 years old), can you depreciate the appliances, and fixtures separately even if the the appliances and fixtures are not brand new?Thanks,Justin

My team and I recently created an LLC and are in the process of securing 2 deals that will be owned 50% by our LLC and 50% my our partners’ LLC. How should we go about recording data in QuickBooks. Do we both record 5...

I am looking at an 18 unit apartment complex that has two address and two APN #.  My thoughts on this is that, the 16 unit or more rule does not apply base on these two factors. Please advise if anyone had a chance to...