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Results (495)
Connor Heim X-posted in Tax forum: Startup expense deductions for STRs...
25 April 2019 | 11 replies

Hi folks,in 2018 I purchased and placed 3 short-term rentals into service -- my first year doing STR. I have filed an extension on my taxes, but want to get them done sooner rather than later. While I have kept good ...

Jacob Beg FNMA mortgage qualification question?
19 January 2022 | 13 replies

Hi All,
Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow ...

Jack B. New tenant claims black mold in washing machine
26 May 2021 | 9 replies

They just moved in yesterday....I'm going out there to take a look. Any specific suggestions on how to handle this?

Ralph Miller MISSING OUT ON A MONTH OF RENT?!?
10 April 2017 | 12 replies

So I have a place becoming available June 1. I have a potential tenant asking to start renting in July 1...
There's a good amount of demand for this place but like they say, "bird in the hand is worth two in the bush...

Rachel Hughes My 1st BRRRR ---> Airbnb in Memphis, TN - Critique my Listings
8 July 2020 | 10 replies

Hi BP friends
I closed on my 2nd STR investment property 2 months ago in Memphis, TN. The property has a main house (3 bed/1bath) and a detached guesthouse (studio/1bath). Guesthouse was listed about a month ago and...

Tom Wheelwright Two (2) Ways to Take Your Rental Real Estate Losses
19 March 2008 | 0 replies

Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.

This is a great tax strategy because your positive cash ...

Jacob Dawson Where can I buy used house appliances?
11 July 2020 | 17 replies

Hello!  I am actively looking to buy my first 2-4 unit investment property! I have found a good cash flowing 3 unit deal, but it has no appliances (Dishwasher, stove, oven microwave, washer, dryer, and fridge/freezer....

Gisela Pallares How do you determine what normal wear and tear is???
24 January 2016 | 9 replies

Hi all,I currently own a duplex. Live in one side and rent the other. Have had my current tennants for 2 years now and they have always been good with rent. Through these couple of years, there has been repairs that w...

Lorin K. List of private money lenders for washington state
19 January 2016 | 10 replies

I want to make sure that I have a list of private money lenders ready that would be willing to loan on a property once I find that one qualifies. The property alone would qualify as my credit is not that good right no...