Alan Asriants
How on market listing photos can qualify or disqualify a potential tenant
I couldn't fit the entire post in the title but in essence I have been using this trick to qualify applicantsThis applies to applicants that are in a situation where their current landlord is selling their homeSometim...
Olga Daisel
Tax on loss and gain
Folks,I have rentals in 2 states which in total show negative. Now, the one in Illinois has a gain, but once again if I add loss from the others the total is negative. Should I pay state tax on the one that shows posi...
Mike Schorah
Is this what’s causing negative cash flow across the country?
In my area, rental rates have caught up to market home values. But vacancy rates doubled which wipes out your profit to the point of negative cash flow territory if you have a newer mortgage with a higher rate.
The n...
Brett Ferrara
Depreciation calculation question
How do you calculate cost basis when the property is a condo? From what I've been reading about depreciation, cost basis does not include the land. Is it just most of the time close to the purchase price? I paid $255,...
Geoffrey Tanudjaja
Duplex in Detroit [Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi BP Community!I am currently planning my first house hack in the Detroit area. May I ask all of your opi...
Mike Sola
negative cash flow but postive ROI through taxes
Hey everyone!I was listening to BP episode 335 or 334 and I heard something interesting. The speaker mentioned that either he or someone he knew invested in a very expensive property which had negative monthly cash fl...
Joshua Dorkin
Why Negative Reviews about Your Company Can Be Good For Business
Negative Reviews Can Be Good for Business!
I just came upon a fantastic article about Negative Reviews online and thought it appropriate to share with the readers of our Guru Review forum.
This article talks about ...
Manraj Singh
Negative Cash Flow : Tax Offset
Hi,
I am aware that acquiring a -ve cash flowing property is a BAD idea. Also aware that we shouldn't be looking at 1. appreciation and 2. tax benefits as an answer to offset a -ve cash flowing investment.
1. I am ...
Sebastian Mosquera
ADU's in Los Angeles? Thoughts? Experience? Lets hear it!
I am wondering what input everyone had on ADU's. What are the benefits? Complications? How would utilities work for this? I want to hear it all...
Ray Mckinney
property liens
There is a home going to auction in my area. It has tax liens, a contractors lien , and also a former tenant has placed a lien on the property. If this house is sold at auction, who has to pay off these liens. And i...