Good day – I hope everyone is having a great weekend – I have a question I am sure some folks here have run into previously.Disclaimer here – I am pretty new to BP and have been enjoying searching around and getting f...
I bought my first renovate and hold property. I was aware of the vermiculite insulation(That has the risk of containing asbestos) but knew it didn't serve as a threat as long as it wasn't disturbed. My plan with the l...
Solid Class B neighborhood multi-family.So I have 3 choices of sinks, and I'd love to have your opinions on which of the 3 "Under-mount" sinks you think would be most likely to attract new Class-B tenants and keep the...
Hello everyone,I'm seeking opinions on the tax treatment of remodeling in certain situations. For example, let's pretend I purchase a house for $90K, misc rehab is $10K, so I'm "all-in" rent-ready at $100K and adverti...
Hey everyone,
I closed on a 3-unit house hack in Chicago early last month and provided one of the MTM tenants notice of non-renewal of their lease. We ultimately both agreed to a move out date of June 11th and I have...
I had a tenant pass away. His family came and got everything they wanted out of the house. What do I, or can I do, with the remaining personal property? There is a lot of furniture, but mostly junk left in the unit...
Should I renew my home warranty?
I own an RV park in TX. It's a long-term living RV park where the tenants own their own RV. The manager tried to get in contact with this tenant and after 3 weeks, the tenant claimed she was in the hospital. The te...
Hi BP community! Can you reuse your VA Loan if ? You converted your mortgage to Conventional loan?
I'm building a spreadsheet, and I'm stuck on a part I'm not quite sure on:
Basically, I'm asking if dividend recapture amount is realized only if there's a gain on sale, and if it's dollar for dollar (e.g., $1,000 i...