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Results (3266)
Holly Prokop 2014 taxes start up deductions
22 February 2015 | 2 replies

hello~ seeking guidance regarding "start up" deductionsOur 1st rental was in service April 1st 2014. We spent OVER 5k to prepare the home to be rented.  These funds include things like utilities, materials for plaster...

Adrian Me Young couple buying first home
17 October 2017 | 5 replies

I am looking to buy my first home, to live in it, not for investment. Has anyone a checklist of things I should consider while looking for the house and before buying? Any books recommendations?

Account Closed New member from Socal - Looking for direction!
13 July 2017 | 4 replies

Hey everyone!I am a 25 year old living in SoCal - working full time. In September of 2016 I decided I didn't want to work for someone else forever, so I started saving up roughly 2000 a month to work towards my first ...

Robert Loiselle Inherited Tenants and Rules and Regulations
12 October 2016 | 1 reply

Hey BP, About to close on our first rental property, which is a 3-family in Peabody.  The house is coming with two of the units already rented and those leases both expire at the end of June 2017.  We want to train ou...

Kyle Jensen How would you handle clean out of fully furnished house?
14 February 2020 | 12 replies

We have a house under contract and I’m looking for advice...The woman who lived in this house has passed away and the house still has all of her stuff in it. Her son lives in another state, so he is going to fly in an...

Derek Buescher Multifamily Expenses
23 December 2014 | 21 replies

I am looking to start investing in multifamily properties.  I have set up my proforma spreadsheet and I am pretty sure the calculations are correct.  When I evaluate properties what are all the expenses associated wit...

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 ...

Steve Brown Dodd Frank re: lease option monthy credits
13 January 2014 | 5 replies

I have seen many posts warning not to get involved in monthly option credits in view of Dodd Frank Act. I have downloaded the entire act and would like someone to direct to that section that deals with monthly leas...

Carson Weis RENTREDI - LEASE SIGNING
7 August 2023 | 12 replies

Evening BP community! For those using or who have switched to rentredi, how do you feel about the tenant only being able to one click sign? I have initial spots on every page and multiple signatures throughout the lea...

Patrick Philip Some property management questions?
12 October 2017 | 6 replies

Once you own 100 properties, how do you effectively hire a manager? How do you screen management companies? How do you find a manager to do AirBnB's if you own 50 of them?