Hello,I am trying to enter my rental income in Turbo Tax. I rent out my upper bed room for 3 months of last year. I earned $3000 as rental income in the year 2017 and calculated $200 of utility expenses. I entered in...
Hi All,First time poster here and brand new investor (zero purchases so far). Was hoping some could keep me honest on a property I'm looking at. Unfortunately I accidentally used up all my free BP calculations and jus...
Hey BP,
Can anyone recommend a private detective to help find contact information for a vacant property owner(s). I have tried on-line with no success. Since I live in Indianapolis, IN, I would prefer some one he...
Tip: Check your county's Property Tax Records or Assessors website. ?What you can learn about a house:
·
?Property tax amounts,
·
?owner of property, ?
·
if they ...
Hello,We will close on my new house a month from now. However, we will like to keep and rent our townhouse. We currently live in Holly Spring, NC area. We were thinking on covering the HOA and pest control to the leas...
We are nearly under contract for our first rental property! Here are the numbers. Deal would be all cash (can’t finance until roof is replaced) Triplex in Northern MIPay:139k Needs roof:10kAll units have long term ten...
I am wondering what costs are included in the 50% and what's not.
Operating expenses - included?utilities?Insurance expenses - included?Property taxes - included?Mortgage expenses - included?Income taxes?Also, where ...
Hello everyone!!
This is my first post on BP. I am from Windsor, CT looking to house hack my way into Real Estate using a FHA loan or a low-down payment conventional loan. I am currently looking for a multi-family pr...
Hi all,I'm learning how to analyze deals using the BP calculators. I think I am messing up the expenses portion of the calculator.In the context of house hacking, when it comes to small multi-family housing, or even a...
Hello everybody,
I am a new investor about to make the leap into investing in rental properties. I have been searching the interweb for a forum just like this for a month and I am very glad to have found it.
I ha...