I'm new to BP and have learned so much. I'm so glad there is a website like this. Here's my dilemma. My husband and I have recently bought a 4 unit apartment building in Indiana. The seller is an elderly woman (85) wh...

Hello BP,I have a condo I lived in for about 2 1/2 years as my primary residence, then I leased it out for about 2 1/2 years. I'm looking to sell and avoid taxable gain. I'm trying to determine exactly what day I have...

Hi, I'm wondering if anybody has any experience with a unit with one bathroom that needs a bathroom remodel in the middle of a tenant's lease. The remodel is because of a leak so it needs to be done now, I'm wondering...

Hello fellow BP members!Four years ago, my wife and I moved from Springfield, MO to a small town called Adrian, MO (45 minutes from south KC area). We purchased our first home, a HUD house, which has been a full on fi...

So I bought a house cash and intent to flip it. It's a mess. The seller told me there is a rent paying tenant who has been in place for 22 years.  Seller has no lease on file. He says the tenant owns several propertie...

I woke up at my cabin at the lake and got my coffee. My wife turned on the TV and called me into the living room telling me what had happened. I stood there watching and at first thought it was a small plane untill th...

Long story short, I’ve been back and forth with my landlord for months. I rent half of a private home. I was late on rent (but still paying) and asked to move out because my lease was up. I was unable to leave right t...

So our elderly couple (65-70 range) tenants who work as caregivers for a senior living facility installed washer and dryer in the unit without consulting us. They said they didn’t want to contract covid19 at a laundro...

Howdy! My name is Ryan, and I live in a suburb on the East side of Cleveland. I currently own one side-by-side duplex in Euclid (purchased end of 2022), and am looking to eventually buy more rental properties, and pos...

As I work through some of the IRS worksheets, I am wondering whether it is normal that there is a difference in the fraction of depreciation one takes on a rental property that was only rented for part of the year, an...