Can anyone confirm if I am correct in my thinking? We finished rehab of a 4 unit property and put it into service in 1/2017. I would like to separate depreciation for the following items that were part of our rehab ...
Hey BP Community,I'm looking at doing my second project early this year. I completed a rehab to rental last year and used a GC. This time I'm considering hiring subs myself. I'm looking for advice from other investors...
Hey guys!We have a 3-bedroom house in Fort Worth, TX area that we just got move-in ready.The new tenant moved in (he's an OWNER in another state, relocates to TX for several years for work, has a dog: german shepherd)...
Where has this been my whole life!! They keep an online record of all your purchases and email you receipts with your job number on it. No more wondering where are all those receipts if you get audited. The data can ...
Hello, I am a new California landlord whom bought a property 2 years ago with existing tenants. The tenant moved out after living in the house for a decade.
Per the request of the tenant, we performed an initial insp...
I've been looking for a multi-family unit to add to my portfolio and my property manager called me with a deal that fell through and the current owner wants to unload it. Details:5 units - Large home that was convert...
Hello, I bought a house in Fl in 2009. Since I live in Venezuela and do not come to the USA very often I decided to rent the house and use a Realtor to manage the house as I couldn't do much from overseas. The house w...
Hello my fellow investors.. I have an interesting situation with a bank owned property! I was suppose to close on November 1st, 2019, after learning that there was a $9,000 dollar lien on the property the closing was...
I am buying a property,by looking at the prelim report, it has a trust showing both mother's name "A" ( pass away) and daughter "B" is selling the property short sale to me. on the #2. of the title report, it says ...
So I am about to put the master bedroom (with bath) in my home (of 3 beds 2 baths) to Airbnb and I am confused about all the tax-related stuffs. Let's say my home is 1500sqf on a land of 6000sqf, and the whole master ...