Steve Hudson
Qualifying as a real estate professional - taxes
We're exploring ways for my spouse (who does not have a full time job, but works 25 hours/week outside real estate) to qualify as a real estate professional as we build our short term rental portfolio. Curious if anyo...
Daniel Schiller
a tear-down, build to hold story in Bryan, TX
Investment Info:
Single-family residence buy & hold investment in Bryan.
Purchase price: $240,295
Cash invested: $88,623
The original structure was a dated 3/2 surrounded by 3 new HFI homes. The...
David Sumner
Rental Application (Opinions Wanted)
Hello, I'm a Newb trying to rent out my SFR. "Hypothetically" would you rent a $1600/m class B house to an applicant with the following key points?;Credit Score High 600sHas a 1k outstanding balance owed to prior apar...
Nicholas D'Andrea
MTR - Philadelphia via Furnished Finder
Anyone rent by the room via furnished finder? I am closing next week on my second property and will be using rent by the room strategy via furnished finder. Property located in Point Breeze between all local hospitals...
Miko Lee
Emotional Support Animal in the middle of the Lease (California)
Hi all,
I signed a new tenant 2 months back and she brought a dog with her. My property is a pet friendly community but I do charge a monthly pet fee and pet deposit. Fast forward two months, she told me that her pet...
Ashley Campbell
Does a newbie need a RE focused CPA up front?
Looking to by one or two LTR props prior to year-end. Working on building my team around me and trying to decide if a RE focused CPA is needed for "Tax Strategy" at this point. We are W-2 employees with pretty strai...
Pranitha Shandi
Reuse prior property manager photos
Hello,As a owner, I have taken over property management from a prior professional property manager. My tenant has just given me a 30 day notice. I want to post the property for prospective tenants. I have the images t...
Nathan H.
Question on treatment of interest expense paid in year of sale
Hello BP community, I'm wondering if anyone knows how to treat interest expense on an investment property. The scenario is that the interest was accrued in prior years, therefore not deducted, but was paid upon the sa...
Iaroslav Demydovych
First time private money borrowing, need guidance!
I am in Lancaster Pennsylvania! I am looking to borrow some private money and I have couple people that want to land me money. Can someone please explain the legal process so I do everything right? thank you!
William Glass
How to turn over the unit before tenant is completely moved out?
BP, I've got my first tenant moving out at the end of the month and I've already begun advertising the vacancy for August 1st. I've received in under 24 hours 3 inquiries and requests to view the property. I need advi...