We are sure you have noticed a number of changes in the real estate industry during the past 14 months of Covid. Some of these changes have benefited the 3rd party property manager and some have hurt. Here are five ...
I am hoping that a CPA might respond to this post. I'm going to sell a rental house via owner financing and I'm playing around with various loan amortization schedules to settle upon loan terms where I wouldn't pay an...
Hello BP!!! So I had a 2015 goal to quit my day job and invest full time. I decided that I would start the year off with a BANG!!! I believe in myself, my business partner, our vision, and the skills and abilities tha...
Hello, Everyone!
My name is Alain. I'm a Miami native living in Beavercreek, OH, which is a city in Dayton. I've been living here for 5.5 yrs now. I moved up right after I finished grad school to take a job as an Epi...
Well i experience something new every month in being a landlord, even after several years. My tenant was mid 60s and apparently died sadly from covid. he was divorced and the only one on the lease. his ICE contact i...
The life expectancy of electric baseboard heaters is about 10-15 years, but according to the IRS Depreciation schedule, would electric baseboard heaters qualify as a "furnace" and have to be depreciated over 27.5 y...
Hello, My name is Maggie McCoon and I live and work in Raleigh, NC. I am getting back into real estate investing after a 5 year absence to open a small business here. I would love to make some contacts in this a...
Hello,My current flip will take longer than a year, about 18 months. Can I still deduct all renovation costs from the profit in regards to paying taxes on the profit. I have all cash in the property and for renovati...
Hello everyone, I'm brand new to BP but have been listening to podcasts and reading recommended books on investing for a while now. I am going to be completely candid in this post so I can get some specific help. My f...
Hello everyone, my name is Wayne, I live in Michigan, and I am a newbie to BP.com.While a newbie here, I do have some experience in the real estate game.I have two SFR condos rentals that are doing quite well at appr...