Hi there,First time investor here- I'm hoping the BP community can share some advice on two questions!I'm purchasing an income property with a friend/business partner, and I personally will keep renting my primary res...
About to start renting our current home after our new home is built. We've determined that for our 4 bedroom, 2 bath house we can get around $1500 in rent in our area. We've had some college girls, referred by our b...
Do you have standard things you do when getting a newly acquired place ready to rent out? Are there standard things you do every time (deep cleaning, fresh paint, etc).
Just got my tax return back from the CPA. It's my first time using one, and since I'm no tax expert, I was shocked to see that I owe taxes and that my wife and I only got the standard deduction because the "Allowable ...
There are constant changes within the U.S. tax code regarding energy-efficient housing and sustainability. Within the real estate and construction industries, IRS Notice N-2023-67 has become a key point.
Why did the ...
I am buying a SFH as a primary residence and will rent my current condo. I have never had rental income before so my income taxes do not show rental income. At 75% my rental condo still leaves a positive net income....
My so- called investor friendly Agent always send me alerts daily of properties that fit my buyers criteria but she won't let me put the property under contract in my name, so that I can assign it to my end buyer. We ...
Hi we have some rentals in southern California. Rental single houses, duplexes, triplexes, quadsI am planning to overhaul all insurance- I have State Farm and I think they charge a lot but I have nothing to compare f...
Hi, everyone. Most of my experience lies in the longterm rental property world, but we just picked up a short-term rental in Vermont and are going through the process of getting it ready to go.The property cost about ...
I am looking at a property that has 4,000sf of commercial/retail (3 units) on the first floor and 2,400sf of residential on the second floor between 3 apartments. Does anyone have any idea what financing looks like fo...