The Federal Reserve is expected to raise interest rates next Wednesday. This will mark the third time it has done so in fifteen months, and is an indicator that further increases may be in store. In the past, an incre...
Hi,
I am a real estate agent, working on listing a 5-unit property in a historic district downtown. I've researched comps all over the area and they are all over the board. I've talked to lenders and understand tha...
Hello BP community! I'm a newbie who is about to jump head-first into this real estate world, and had to pause for a moment to ask a very important question. Am I crazy?My primary residence in a San Diego suburb (Ch...
I just obtained my first property about 2 weeks ago. It was a steal, and I feel really good about it.... a little about the deal:
It's a 4plex. It has full occupancy. the units rent for $425/mo now, but the area is g...
Hello BP community! Does anyone have a CPA recommendation for federal and Virginia taxes? We have a small portfolio of six units along with our two W2s. Historically we have completed the taxes ourselves with turbo ta...
We refinanced last year (2020) and acquired a commercial term loan that grouped all our properties into one loan.
Question is when we do our schedule e for taxes, can we list as one loan or do we have to break it do...
I am wondering if anyone has any advice on tax savings on income made from flipping. Should I buy investment property out of state, re invest in another flip?
Any one Knows what’s the best app for electronic lease signing
I'm looking to get advice on how others are setting up their bank accounts. I currently have 3 rental properties. Last year I adopted the Profit First System (Mike Michalowicz) and use the following accounts to manage...
What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...