How much tax savings can be expected with my first investment property? How can I do the calculations myself? I pay a lot in taxes in my W2 job, and would like to know how much can be offset.Does the math change signi...

Hey BP gang, I'm wanting to step up into the larger multifamily properties and move away from <4 unit buildings. When it comes to running financials on larger properties I know I need to include PM and CapEx expens...

Hello,Does anyone have any experience for reducing rent when a lease is coming to an end? In our area the last 3 years rent has increased immensely, like a lot of areas. However there is a huge flood of new Apartments...

Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...

BP, I live in Utah and wanted to get some opinions and insight for the below inquiry  I will have to include rental income from my spare room in my primary residence. I want to know how this will look on my income ret...

Hello,
I am looking at building a primary residence with one of the large builders in my area. The Utah State Legislator passed a law last year overriding all HOA's allowing Primary Residences to have rentable ADU's...

When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...

Hi BP Family,I am kicking around the idea of drawing $20-25k from my 401k to buy down one of my loans on a duplex and refinance. I purchased the property on an FHA two years ago. Although it is possible that my apprai...

I'm looking to purchase a townhome alone for $600,000. I plan to do house hacking by renting out spare bedrooms to reduce my living expenses. I aim to apply for FHA loan with a down payment of around 5%
My Informatio...

Good Afternoon BP,So this is my dilemma......I am looking to finance a deal that has come my way and I was looking to see if there was anyone out there that could help or give advice. Here are the numbers>Purchase ...