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Results (10000)
Justin Davis Water usage and billing tenants
16 February 2018 | 9 replies

Does anyone know the best way to charge tenants, at a triplex on one water bill? I have a tenant with five kids. I live in another unit and another guy lives in the other. That's a total of 8 occupants using the water...

Anthony Charles Interest deduction
26 April 2010 | 5 replies

I am going to buy a house and currently plan on paying the downpayment with cash.

What I would like to do is after closing, take a cash advance from one of my credit cards to reimburse myself for the downpayment. Th...

Evelyn Randolph How to cover roof repair before purchase
20 September 2024 | 7 replies

Hello, BP Community!I reached agreement with a seller to buy their 12 unit building at a very good price, but the property is located in an area where I'm required to have windstorm insurance because it's location clo...

Gary Thao FHA Fourplex Opportunity anaysis: FHA 3.5% vs Conventional 25%
22 July 2015 | 11 replies

I have the opportunity to purchase a fourplex using an FHA loan. A decent fourplex is ~$345k here in Portland, Oregon. Yes, it’s high and that’s just the way the market is. Typical rents are in the $725.00+ for a 2be...

Felipe Ocampo Tax Benefits
14 November 2020 | 18 replies

What exactly are the tax benefits from buying a rental property? How much money should I expect in tax benefits/tax refund from my investment property? Is it a percentage of the interest rate paid? Are there any other...

Will Morehead 1st Time Duplex Investor - Expense Load
9 May 2022 | 8 replies

Hi All -I'm looking into getting my first investment property (a duplex in St. Louis, MO that I'm going to live on one side), I'm struggling to have deals pencil and I want to make sure it's not my expense load causin...

Sean O. Is there a max on mortgage interest you can write off taxes?
25 July 2007 | 6 replies

I'd like to find out if there is a maximum amount of mortage interest that one is allowed to write off of income taxes in any given year.

I'm a newbie and here's my situation:

I'm a farily new lawyer (48 yrs old, un...

Will G. How would you value this park
9 February 2018 | 9 replies

Hi all,I wold love some feedback valuation on a small park i am considering;9 spaces on 4.25 acres outside city limits, 3 tenant owned homes with lot rent @ $160(below current market of $250)3 park owned singlewide ho...

Tristian Cox TAX HELP! 1st year investor
18 January 2017 | 6 replies

Here is the slim & Quick - -I am teacher, base salary 60K, (i referee multiple sports for extra cash)-Feb 22 of last year I bought a duplex - my first property - 165k, 2 2bdr apts. -My split is 700 a month roughly...

Craig Dieterich First purchase...Did I screw up?
3 December 2021 | 80 replies

I found a small, fully remodeled duplex for $35k in a depressed area of South Carolina with good renters in place bringing in $900/mo in rent, but it had to be a cash deal because it was slightly over appraised price ...