I'm growing my rental portfolio and I am a little confused about how to handle my taxes.

With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????

OR.

Can I put asi...

We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...

Today I submitted a verbal offer on a purchase for land in Hawaii. I contacted the listing agent directly and told him we're not currently working with an agent. I offered that the agent could either represent us as a...

Several threads asking about seller financing as the seller, what should you look for or consider as the buyer?

Let's start with a question to the seller, why do you want to be the bank?

Your due diligence about the...

We finally have our STR property set up and rolling, listings cranking on Airbnb and VRBO, and on our way towards getting enough 5 star reviews to kick the machine into high gear.  Still have some deferred maintenance...

Hi all,I signed up with Buildium and was hoping for some advise or tips from experienced Property Management software users. I only manage my five SFRs, nobody else's. I decided to start using Buildium now to stay ahe...

Hi I hired a Manager/Contractor to replace the roof and other work...I wired him $7000 and have not heard from him for over 2 months now. I have his address and contact number, he does not answer my calls and I am ove...

Hello BiggerPockets community, we have been accepting payments from tenants using Zelle, Venmo and Paypal. Zelle and Venmo requires  tenants to have an American bank account. We can receive the payment INSTANTLY and F...

Hey guys,
we are BAH (buy-and-hold) property owners that just separated our business account from personal.
To efficiently operate rentals, what business accounts would you recommend to have? Would you recommend:
-a s...

Tenant has extenuating circumstance and unable to pay rent for next 2 months (I already served him with 3 day pay or quit).  He suggested a promissory note which forfeits his security deposit as a short term bridge pa...