Hi Everyone - We have a property in Ft Lauderdale that currently has the belongs of a deceased tenant. I reached out to the "estate attorney" to offer our condolences and asked for a written confirmation that he is re...

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...

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?

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...

We have a cabin in a wooded area that we're Airbnb'ing.  The cleaner let us know that she found mouse droppings.  If it were my house, I'd set a trap and deal with whatever we catch.  I'm hesitant to do that here for ...