I live in California and have a rental out in Ohio. Both this year and last the property has created a tax loss. Last year I payed an accountant to do my taxes but this year I decided to do them myself. The accountan...
My wife hates our CPA. We don't get much advice, he's disorganized, and the last straw was him sending out a group email to 200+ clients exposing everyone's contacts! That's like a 1998 internet mistake. I would never...
Hi BP,
My brother and I lost our father a couple years back. He left us some amount of money, and we already have one deal in California that is bought outright. We are looking to invest in Arizona, since it is close...
Whats going on Bp world. I know these A LOT of conversations (forums) on this, but i couldn't find any. I was wondering is there any paper work that needs to be turned into a title company when doing Rent to own or le...
Im currently using a basic Excel spreadsheet to keep track of my properties and tenants. My file is detailed but not enough. Im looking for a software that can help me better manage the finances as well as tenants for...
I have water damage to my home and my homeowners insurance was involved immediately. I used a mitigation company with a good reputation I chose and the insurance company accepted. Their remodeling arm put in an estima...
I just recently purchased a duplex in York County Maine. I wanted to open an LLC in Maine, and am considering one in Wyoming. I am looking to purchase further properties in the area over the next several years. It a...
First time landlord here, so obviously I need to do better pre-screening. What I'm wondering is what I should do now. Tenants have been in only for four months, and have paid late two of those times. I don't think it'...
Hello, I just aplied for an EIN number under the category of partnership since the rental belongs to me and my husband. We are individuals managing our rental ourselves. I wonder if we need to file some additional tax...
As you may have heard, the CDC's federal eviction moratorium is set to end July 31st. So I began researching this piece by Googling "eviction moratorium end" and wasn't particularly surprised by what I found. Here wer...