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What kind of flooring are you using in your rentals?
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Just closed on our 7th rental on 2-14-2020. The property is in Melbourne, FL. For the last year, I was having a hard time justifying market prices in our area and how thin the margins would be on properties I was an...
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This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
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What are the tax implications of investing in an equity syndication deal as a limited partner?I’m considering investing in commercial multi-family equity syndication deals through a crowdfunding platform. I’ve reviewe...
I was recently having a conversation with a friend and we were talking about rental properties. Friend is an accountant with some rentals of his own, and his brother has various rentals throughout the country. He as...
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Hi there. I own a rental property in St Louis. We recently had turnover and listed the property on the market again. I asked my property manager to increase the minimum credit score for applicants. They said they coul...
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I started out on the same path that most rental property investors do. I bought a single family rental while working a full-time job, kept acquiring more rentals over the years while self managing, until I hit about ...
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Finally purchased our first rental property! Being a newbie, I just wanted to reach out to the BP community and ask if these fees are usual or customery?100% of the first months rent.10% of the montly rental.3% of a y...
Living in a new age of people working and learning from home!I recently listened to the BP Podcast episode 380 (Go check it out!), and they brought up an interesting point. Many people are working from home, so I'm cu...
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Hey BP fam!Newby investor from the NC Triad area - Greensboro, North Carolina. I've got my first property under contract (with a partner), and am looking to talk to a lawyer and an accountant before I get too much fur...