David Ounanian
My First Profitable Fix and Flip in St. Louis MO
Investment Info:
Single-family residence fix & flip investment in St. Louis.
Purchase price: $82,000
Cash invested: $23,000
Sale price: $142,000
This was my first profitable fix and flip in S...
Rob Bergeron
First Airbnb Purchase here in Louisville, Kentucky
Investment Info:
Single-family residence other investment.
Purchase price: $275,000
Cash invested: $20,000
Contributors:
Andrea Dewey
Purchased this four bedroom home as an airbnb. It...
Matt Bodamer
Cleaning/Furniture contacts for short term rentals - Greensboro
Hey everyone,
I am getting into the short term rental game in the Greensboro, NC area and I am looking for some recommendations on a cleaning crew or person? Also wondering if anyone has a place they would recommend ...
Emory Clayton
Should I rent to this tenant?
I have a LTR that I've been asked to rent for 6 months. They are wanting the utilities to be included, along with washer/dryer, however as stated in the listing, and repeated to them, the house is not furnished and on...
Chris K.
Best place to buy furniture for STR?
What’s the best place to buy STR furniture online, especially couches and kitchen tables, in current market conditions?
Kenneth Butler
Side Hustle That Gets Me Out of Debt
I’m recently married and I’m living in military housing. My wife is in the Army so we do not have to pay for housing expenses. I do security work and make about 31k a year. With getting a new house we did have to buy ...
Andrew Gingerich
Dear CPA: Furniture for an AirBnB. Can I deduct $$ to furnish?
If I buy furniture and furnishings for an AirBnB before I put the property in service or advertise it on the AirBnB site, can I still deduct the furniture and furnishing in the first year? Or do I have to capitalize t...
Matt Smith
Proceeds can be use to buy new furniture of new income property?
I am doing a 1031 exchange. I would like to know whether I can use some of the proceeds (tax free, or more accurately deferred taxes) of the property I am selling to buy furniture, new kitchen of the new property that...
Faycal Bouab
Is it possible to write of expenses without invoice?
hi BP members,I am furnishing a rental property and I was wondering when I buy furniture new or used not from a store without expense, can I write it of? You can find new for discount price furniture on Craiglist. If ...
Paul M.
Rent to SA and rent to rent
Has anyone heard of rent to SA or rent to rent strategies before? I know an English property developer who is on youtube called Samuel Leeds. He has popularised these terms. Rent to SA is basically rent to service acc...