Jason Turgeon
Bookkeeping software for owner-occupied duplex?
What are those of you who house hack or live in unit and rent out another doing for bookkeeping? I live in one unit (40% of building). My tenants live in the other (60% of the building). Their rent is less than my mor...
Marques Johnson
Lease option contracts
Where can I get one with assignment? Is that what the tenant/buyer would sign too?
Jason W.
filing taxes in a community property state? advice appreciated
Hi All! I am trying to complete our taxes as married filing separately for the first time. This question might be more of a general tax information but it will cover our property and etc. So, I am using turbotax in p...
Nhi V Le
House hackings for newbie
Is anyone currently do house hacking? Do you pay the utilities or u let the tenants take care of it? And do you have to go through all the screening and application just like an apartment rental for the tenant? I'm to...
Bryan Doan
LLC or Not LLC -- Mortgage for a third investment homes(?)
Hi,
I'm owning an investment home in Bothell, WA and in the process of signing first lease to a tenant for May. I also have another one that is currently listed for sale also in Bothell (bought "as is" and get it fi...
Brandon Ingegneri
In need of a multifaceted and comprehensive software and CRM
Hi everyone. I am in need of a little advice, or at least some options for a more comprehensive software. This is 100% the area where my skill set is behind the curve. Let me lay the ground work out.I own 2 separat...
James Syed
Seprate Utility Meters
Hi BP,I am interested in buying this commercial building that has 3 - one bedroom apartments, 1 - two bedroom apartment and 1 shop (previously a bar). I like to buy properties with utilities indivisibly metered. This ...
Steve Kirsch
Hacking a primary residence and being able to write off expenses
Hello BPers,I am hacking my primary res SFH. It has an non-conforming basement unit that I am renting out. I am claiming that revenue as taxable income and am wondering if I am able to also claim a percentage of all o...
Felix Goldstein
Part of mall for sale
I came across a listing on loopnet where part of a mall was for sale. its actually the local mall where i live so that listing caught my attention. One of the anchor tenants(Macy's) recently moved out. And then i s...
Bill Gallagher
Bank accounts for STR
Wondering how people set up their bank accounts. My lawyer & accountant said to have separate accounts for each property and not to transfer to personal accounts. I'd like to follow profit first method of banking,...