Economic Update (Monday, August 24, 2020)
Its going to take years for our economy to fully heal from th...
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
Hi all,I'm Katie, new to BP, and a full-time English teacher, soon to be a landlord. I'm also a traveler. A few times a year, I go out of town for up to a month at a time in summer, a couple of weeks in winter, as w...
I guess this is mostly a philosophical question, but it's also objective. I notice many landlords of SFH do things like hire property managers, contractors to do even basic work, and when they renovate they put in top...
Hello fellow Landlords, I am in the process of screening a potential tenant and it appears they may have had some trouble early 2022 where they might have missed rent payments and it looks like eviction process was st...
My husband and I recently purchased a house in Lake Forest, IL that needed some rehab. We did all of our due diligence (three mold companies, chimney inspector and regular home inspector). After beginning the mold rem...
i have a corner that has rotten wood due to long term leak (years). the bottom of 5-6 two by fours are rotten and the bottom plate is rotten.the outside is brick, so i can't get to it from the outside. how do i replac...
Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $350,000
Cash invested: $50,000
Sale price: $415,000
It was the worst first flip because we hi...
I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...