Patrick LeTourneau
Tenant wants a garage built and is willing to pay 1/2 the cost
I have a tenant who lives in a nice single family house in Wisconsin wi th no garage. She wants a garage and so she offered to pay half the cost if I would get one built. Business wise, it seems like a no brainer. ...
Brad Smith
solo sheet rocking of ceiling
it was suggested to me to just cut the 4x8 sheets in half to be able to manage by myself although it's a lot more taping/floating. I've also heard of "lifts" to hold it up.Suggestions?
Krystof Pilisiewicz
Mortgage “Half” Payments: Is it worth it?
Hi, I wonder if anyone has an opinion on this topic. Do you think paying half of a mortgage payment twice a month versus paying a full mortgage payment once a month is actually worthwhile.Let me know your thoughts!Tha...
David M.
tax treatment of office space
Here's a question that must be a no-brainer to others, but I'm drawing a blank and thought I'd put it out to the BP community. How do you handle tax reporting for an office space? That is, how do I handle the taxes ...
Gabe Rangel
Investment proposal from friend
My buddy just obtained his broker's license. He has flipped a couple of properties. He asked if I wanted to invest. I asked what was required. He said it depends on how much work I put in & how much capital I ...
Mose Gebremeskel
Tax Advice on Property
Tax Advice - I have a duplex that I live in (house hacking) and we are in the process of renovating it still so we haven't had a tenant in it yet. Are there any advantages when filing for taxes or disadvantages? Or an...
Mark Robertson
Taxes
me and my brother inherited my parents house it's paid for and he wants to live in it so my half will be financed to me do I have to pay taxes on my half
Alexander Churchill
Rent payment method( half-half vs. full)
Good morning BP,
I have just fully rented out my first Property. Quick question, just wanted to get some opinions on tenants making two rent payments per month(half on the 1st other on 15th) the newest tenants asked m...
Elena Gasol
Creative deal structure/capital gains?
Hi BP community!Looking for some ideas on how to structure a deal. Our potential sellers, who bought their property a little more than a year ago as their primary home, would like to sell quickly for health reasons to...
Adrian Akerman
Returning 1/2 of security deposit at lease renewal
I have two approved applicants for my property and i have required a double security deposit (two month's rent, totaling $3,800.00) due to lack of rental history and one of them having some delinquent credit history. ...