Account Closed
Can I deduct expenses from years ago?
Hi all,Here is my situation: I lived in a house for 2 years and I'm now renting that house out. I plan on doing the same with the house I just moved into. My question is: If I made improvements or fixes to the pro...
Christina Z.
Landscape and maximizing taxes benefits
I will be renting out my current primary home in about 1 yr. and need to do the landscaping. Most of it is to create better drainage away from the structure to protect foundation and some is for better curb appeal and...
Gilda Sanne
Rental Property Tax Deductions first year in service.
I purchased a mobile home out of state a couple years ago and decided in 2023 to remodel and get ready to rent. I rented it on December 1, 2023. Can I deduct any expenses incurred throughout the entire year 2023 for t...
Eric Miller
Who Typically Pays the Transfer Taxes?
Hi All,I've been going back and forth with negotiations for a lease option and I was wondering if anyone can shed light on who customarily pays for transfer taxes when a home is being sold (through lease option if tha...
Marc Glass
Question on Lease Options
Hello,
I am new to BP and still sitting on the sidelines in the world of REI. I am eager, however, to get in the game and want to do it carefully and responsibly.
I currently have the home that my family and I live...
Sherry Hackett
Buy It - Fix It - Stage It - Sell It
Investment Info:
Other fix & flip investment.
Purchase price: $182,000
Sale price: $235,000
Originally purchased this town home as a rental property. During the next 12 months, I spent time off ...
Reinhard Kurzen
Spokane, Wa cap rates?
What are the typical cap rates right now in Spokane, WA? I am looking at a 25 unit and it needs alot of rehab and tenant turnover work. The upside is that there is lots of room for improvement. Its selling for about a...
Jonathan Goudy
Developing the community around a park
I would like to look for flips in a neighborhood that has an undeveloped park nearby. When I am knocking on doors, I plan to ask the neighbors to let me know when they hear of a neighbor that is looking to sell, to l...
David Hite
Who is responsible for leased space upkeep in this situation?
Good afternoon everyone!So, I know that in most tenant/landlord situations, most of the maintenance of the general premises is the responsibility of the landlord to maintain, since they are usually the ones that own t...
Scott Emsley
SFH: Franklin Kentucky Cash-Flowing Property
Investment Info:
Single-family residence buy & hold investment in Franklin.
Purchase price: $93,000
Cash invested: $25,000
Fantastic BRRRR! It's cash flowing well, but I still over-improved it. I...