How does your tax accountant report rehab costs on your tax return? As ordinary expense as incurred or defer the costs until the house is sold?
I had to read this two or three times to see if the arrested man's claim "Everything that occurred with this house was lawful" was really the case. In my opinion, the above statement is not correct, given just the ...
I am anticipating a meaningful profit on a residential rental property sale in a year or so (the sale is contingent on certain zoning changes the buyer should be able to achieve). I purchased the property in 2002.- I ...
Came across this article from 2009 from a law firm in Pennsylvania and wanted to share it with the BP community, Anyone investing in Pennsylvania may want to read this before reaching for that standard lease contract...
I own a couple of long term rental properties 60-90 minutes from where I live. I don't use a management company and am trying to create systems to run my business without driving back and forth all the time. I am thin...
Good afternoon Bigger Pockets Fam! I currently own one rental property at this time and have owned it for about 18 months now. My lender recently contacted me and suggested that I refinance my current mortgage in ...
Good afternoon Bigger Pockets Fam! I currently own one rental property at this time and have owned it for about 18 months now. My lender recently contacted me and suggested that I refinance my current mortgage in orde...
Hello, I am a licensed general contractor and home inspector in Portland, Oregon. I am new to investing in real estate besides buying my last primary residence, renovating it and eventually selling in Sellwood. I rece...
I have been looking around and am surprised that there is so little discussion regarding home automation. We are purchasing our first vacation rental and I would like to get it set up to manage more from home. It is...
It's been a little over a year since I first allowed a specific tenant to move into my property. I let her know that enough time had passed and I would like to do the first annual inspection and asked her to provide a...