Steve Cardinalli
Threatening fines from HOA
I have received a letter from my HOA telling me that I was in violation of having storage items on the side and rear of my house that can be seen from the road and that I had 10 days to comply. I have a chain link fe...
Pesi S.
Condo/Townhouse HOA Master Policy Not having Coverage
Hello,I own a townhouse unit which I am renting in NC. The HOA has informed the owners that the HOA master insurance policy will only cover the club house/swimming pool and the common public areas. It will no longer c...
Andrew S.
House hackinging taxes and standard deduction
Good evening BP community,I'm preparing all my tax documents prior to meeting with my CPA and I'd like to show up to the meeting prepared. Appreciate your time reading through my questions. Last year I purchased a du...
Brent B.
Tax Planning for New Landlord
Hi BP,I began renting my previous single family residence in San Diego CA earlier this year, in May 2019, when I bought my new primary residence in San Diego. I have not set up any type of corporate entity, rental pa...
Mark Tallent
Their Price Your Terms
I have recently heard several established real estate investors mention this, but specifically what does that mean? I understand "their price" but the "your terms" is throwing me off. Is there really that much you can...
Lauren Akins
Practicing analyzing deals, and I am confused.
Hey everyone! I am a rookie when it comes to real estate investing and Excel. I was thankful that someone was willing to share their spreadsheet with me via the Bigger Pockets Facebook group. I am currently looking at...
Justin Manges
Hey pros! How are you estimating cap ex?
What assumptions do you guys use when analyzing deals when it comes to capital expenditures? I’m interested in the BRRRR strategy so theoretically I wouldn’t have any cap ex for the first few years.
Robert Jordan
Mortgage Interest Deduction
Hi all. I’m a prospective buyer located in Chicago looking to purchase a 2/1 condo and rent out the second room to a friend. I’ll be able to put 10% down on a roughly $350,000 unit, and will be using this opportunity ...
Wai Chan
Tax write off for rental property in Turbo tax
I have read about two possible legal ways to write off some of the rental income: Take a partial dispositions of asset for a rental property and use that loss to write off the income in 1040 https://w...
Adam Murday
Distance Investing in Multi-family Properties
Hey all,I am a Real Estate investor in Barrie Ontario, Canada and I have been working to put together a team in Sudbury Ontario to take advantage of the lower cost of real estate. So far I have been working on puttin...