Hey BP Community

I had a question regarding the EIDL loan from the SBA.

Business partners and I received an email from the SBA notifying us that our business (non RE related S-Corp) is eligible to receive an inc...

At the end of August I purchased an 1100sqft duplex. 1 bed 1 bath each side. $140,000 purchase price. 5% down. After credit for repairs it cost me 4k out of pocket. I inherited a tenant with a lease until July he pays...

I'm living in a tri-plex house hack. Renting out 2 units and living in one. This is currently the only property I own. I've had work done on the building itself (roof repairs) and remodeling work in one of my previous...

Hello,I am looking to invest in a multiunit property, but I am nearing the debt to income ratio most banks require. I do not have the funds to pay all cash for the properties I am looking at. I am curious as to how sp...

I have been looking at a house that is for sale in rural Mississippi. It does and not have a septic tank. It only has a main drain that's running 'somewhere'. The house is on 1/4 acre which I assume would require it t...

I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...

We bought a property for flip last year and we have completed all the work last year but the house is still on sale. All construction expenses are incurred last year only but the house is still on sale. Should I be fi...

Need some help analyzing a financial statement for an apartment complex. Just wondering if capital improvements should be part of the expenses (i.e. should they be deducted from gross income to arrive at NOI). In this...

Hey BP!  Given that it's tax season, I've been looking over strategies that I can use to reduce my tax burden.  For those who rehab properties, how do you report your expenses?  Can I write off my entire lumber bill a...

My eviction lawyer send email to me with proposed bill draft attached that may become new eviction law for all maine landlord's if people don't call and complain about it to committee proposing it. Bill draft labeled ...