I had my roof replaced in 2020. We just had a heavy rainfall over the past week and my tenant notified me that their is water leaking through the ceiling into their laundry room. I checked the attic and and there is w...
Hello everyone! I am happy to have recently joined this community after much consideration.I am eager to start this journey and like many of you, I assume, I have no idea where to begin. To give you guys some context ...
Good evening,
My wife and I are plan on buying a home and after two years we will be relocating. We plan on renting this property out in our absence using a property manager. With only a two year time frame should th...
In this business we all know cash is king. I have recently noticed that my goals to build wealth have been impacting my quality of life more and more. We have been putting every penny away and avoiding all the things ...
The 50% rule applies to multiple properties over an extended period of time. When starting out, with only a couple properties, is there a certain amount, per unit, suggested to keep in reserves? Also, when considering...
Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
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Seeking informed opinions on the best tax avoidance strategy...I own a SFR in NoDak. I purchased it ($265,000) in 04/2022 for #2 son to live in while he attends college. I have been deliberately managing it as a ren...
Hey everyone, wanted to introduce myself. Born and raised on a cattle ranch outside of San Angelo. Traveled all over and am now back with my wife and two little boys. I have been doing SFU deals with my dad and uncle ...
Hi BP! My name is Marc Egeland and I am brand new to real estate. I stumbled upon BP a couple of months ago soon after starting to research real estate investing online. Since then I have listened to 40+ hours of BP p...
I’ve noticed that a lot of companies, whether advertising on T.V. or in print, are using the Facebook logo in their ads to encourage people to connect with them on Facebook. For some businesses, who are offering coupo...