I do not recommend Propstream for Skip Tracing. They don't do it in house so some 3rd party vendor does it. The % of records that come back with actual numbers is very very low. So if you run a search for say 5000 ...
I have a house that I am planning on renting out the basement. I'm still doing some last-minute renovating and getting my license together. I just heard recently that if I advertise now for a tenant in a few months th...
I am working through my 2019 tax return, which is significantly impacted by a $200K renovation of a 12-unit apartment building that I finished late last year. I recognize that repairs are deductible in the year of and...
Hey there, BiggerPocketeers!We continue to make changes to the site to make it easier for you to use. Our latest update is the Company Profile. We've redesigned it to look more like the Member Profile, with a few diff...
Hi everyone - I purchased my first property last year and I'm starting to put together my taxes for the year. I purchased the property in May and repaired it over a couple of months before placing it into service in J...
Hello all!Im looking to get into multifamily investing whenever one comes along that seems to work. I'm looking for a little assistance in what to look for in a few deals. I happened to find an 8 unit for sale that is...
Hi All,I'm doing taxes for 2016 and we have an owner occupied duplex that we lived in all last year (we bought Aug '15).Now I know people that are responding probably aren't going to be certified accountants blah blah...
Hello BP. After struggling with the dilemma of buying a multifamily in a rising Boston market or renting and buying elsewhere, I decided to buy a duplex--or should I say, was able to get one under contract; it was ver...
Hello team,We are a vacation rental management company in Miami and currently looking to expand the number of properties we manage.We would be happy to hear from your experience which actions could help us to get new ...
I bought a foreclosure(3 plex) in Feb. $55,000. Renovated ($30,000) til May 1st when I rented it out. Are all reno costs part of the initial cost basis? I also did another $20,000 in siding, windows and roofing durin...