Zachary D.
New loan helps my fico score & DTI but what do lenders see?
I'm currently paying my credit cards down each month and am seeing gradual improvements to my credit score. I don't have any delinquencies or other red flags on my report and unless something new comes up the only thi...
Michael Lynch
Capital Investments vs Repairs
I'm new to BP in terms of posting, but not in terms of reading/podcasting. I currently am an owner of two duplexes in Buffalo; one I live in and rent out half (owned 2.5 years) and the other I formed a partnership (LL...
Justin Juhan
Renting Primary Residence Then Moving Back
Good Day,My wife and I are just getting started in real estate investing. We purchased an investment property (single family) at the end of last year an put in lots of sweat equity, it is now bringing in about $400 a ...
Kevin Macdonald
tax write offs
Newbee investor, I purchased my first investment property the first week of January this year. The property was a house which was never completed. I should have the house completed in approximately 4 months. My pla...
Jared Baker
Doing Handyman type work on the side/Finding Work
Hello BP Community!I've took a peruse through the search function and didn't really find anything applicable to what I'm trying to figure out. I did determine there seems to be a need for Handymen however.I have a fu...
Drake Espenlaub
New Rental 25k in improvements no tenants, write offs?
Bought a duplex in May, it was to be owner occupied for a year, therefore it is my 'primary residence' however it needed much improvement. I have put about 25k of my own money into improvements, 10k in HVAC, 3k Window...
Sajjad R.
Benefits of hiring a property management virtual assistant
Cost-effective: Virtual assistants are more affordable than full-time employees.
Time savings: Delegating tasks to a virtual assistant frees up your time to focus on core business activities.
Scalability: Virtual as...
Nancy Bachety
Adding a new pool to STR: expense it?
Has anyone built a pool at their STR and included it as an expense? Legitimately. With their accountants blessing? Or would it qualify, as long as it’s in service before and after the install?
Christopher Abele
Tax deductions & "Brrrr-ish"
We purchased a property that requires some rehab and repairs with the intent to use it as a rental. This will be under my personal name (sole proprietorship). I had originally thought, "I'll figure out the tax stuff l...
Jeff Hobbs
Cost Segregation & the TCJA 2017
Almost all taxpayers are impacted in some way by the new tax law introduced as the Tax Cuts and Jobs Act of 2017 (TCJA). Individuals, LLCs, LLPs, LPs, and corporate entities alike now seek to identify key and relevant...