Jennifer W.
Depreciation on primary home when only renting out a portion as STR for 3 months
I am working with an EA to handle my 2022 taxes. I rented out the upper portion of my primary home as an STR for 3 months in 2022. I would like to write off some improvements made to this area of the home to get it re...
Allan Pilapil
Seller financing - Agent commision
When working with seller financing would you work with an agent? And how does the agents commission get handled when you use seller financing? Thank you for the advice!Allan
Andres Ruiz
Advice on Previous Fire Discovered in Inspection during Purchase of a Property
I am under contract on a property. The sellers did not disclose that there was a previous fire in the home. However, during the inspection of the home, the inspector found evidence that there had been a fire. Everythi...
Nick Leamon
HOA Trying to create leasing restrictions.
Hey BP,So one of the HOA's that I own a rental in is trying to pass an amendment limiting rentals to 20% of the homes in the neighborhood and all tenants and leases have to be approved by the board of directors of the...
Joe Pitrolo
Deposit Refund?
If you have a renter who breaks a lease and leaves six months before the year, if you recoup by renting the unit immediately and the previous renters leave the unit in great shape, do you return any of the deposit? ...
Alexander Zeisberg
Look at title before close?
Im representing a client who is purchasing a mobile home and i asked the selling agent to see title on the manufactured home which is on a rented lot. The sellers agent said "Any encumbrance on the title at this point...
Javier Rosales
how to protect my property
HI Bigger Pockets. I just got my first rental in April. I want to protect it as much as I can, is it best to place it under a Trusts and how do I go about it? Thank you in advance
Bob Smith
Looking for virtual assistant help - bookkeeping and PM review
Own about 30 doors with a few different property managers. I work full time and don't have time to really review the property managers. Was thinking about hiring a VA who can review the PM expense reports and also com...
Quincy Amekuedi
Evaluating/Handling a 5 Year Rental Agreement in Ohio
As it turns out, a tenant in a property I have under contract is NOT on a month-to-month agreement. Instead, they are 2 years into a 5 year lease (2021-2026), signed with the owner prior to the current one that is sel...
Dan Powers
To Section 8 or Not to Section 8
Every rental investor always stresses about wanting the maximize cashflow, and the clear answer to that is Section 8. While on the surface of examining the rents in the most popular zip codes (19143, 19139, 19142) mig...