Tax Guru's,
I purchased rental property for the first time this year and am quite the Newbie to renting and taxes.
My question is whether I can use different methods to expense my car versus my wives ca...
I have two duplex side by side on one lot of land (two building). one mortgage. rent all four unit (not owner). how do i list my depreciating, in four diffence column or combined together rather than splitting anything?
Hello all,
I'm in the middle of a contract for my second property, and I have some questions about insurance.
1. How do you select your insurance policy? Do you ask for number of quotes and compare?
2. When you h...
Hi BP,I just wanted to share a success I had earlier this week. After calling multiple (8-10) smaller community banks, I finally found a lender that keep in house. They are going to be able to lend me my next 10-15 ...
My husband and I are looking at a set of 4 townhouses to purchase as buy and hold. The 4 townhouses are all one building but listed as separate parcels. My question is about the financing. They are listed on one deed ...
How do I charge the tenants electric and water when everything is on one meter in costly two separate
Good morning,I'm looking to get advice on LLCs. Is it better to have all rental properties in one LLC or have an LLC for each property? I understand having multiple LLCs can be challenging but I think it would be help...
Hello,My brother and I recently purchased a duplex that was going to serve as his primary residence. Because of this, we applied for a "primary residence" loan. Since we bought the property, our dad became sick and my...
You all have been such I help. I am slowly spending more time on BP. Thank you. Looking to buy a duplex with a shared boiler. Two story, one unit on each level with a full unfinished basement. The boiler is only ...
I am new to investing & would like to do some flips or wholesale deals to raise capital to buy & hold primarily multi-family property. Not sure of locations or where to begin..... Any suggestions are welcom...