Hi BP,I have a primary residence in Massachusetts and am looking to pick up a second property in New Hampshire (White Mountains region). My original mortgage broker that assisted with my first property told me to do a...

If i have 10 properties and use the same phone for each of them, do i have to take that phone cost and divide it by 10 and put it on each schedule E?  Or could i deduct it 100% against one property?

I have a 2 bed 1 bath home that I bought prior to being married and having our first child. I am quickly realizing I don't have enough room for a growing family. So I'm trying to figure out the best path. I purchased ...

I own a single-property home in Delaware. I have a renter with a questionable credit history. As a safety net, the renter offered to pay 12 months' rent in advance along with a month's worth of security deposit.1. Is ...

I am new to this forum and would like some advice i am a wholesaler and this is my first year in business recently open an online IRS Filing account and upon filing my return i received this profile of folks within my...

Hello BP Community,I'm new to BP and am a fledgling real estate investor. Here's my situation: I've been the owner of a condo in the Chicago suburbs since 2007. Originally purchased as a primary residence, however y...

I recently purchased a commmerical  building about 9 month ago.  One of the tenant lease is about to end soon next 60 days.  As landlord, I like to increase NNN by 3% per year (since the tenats NNN has stayed same las...

For those of you that require your tenants to have renter's insurance, how much liability insurance do you require of the tenant?
Thanks!

I have received a mortgage offer with the wording of covenants and default looking very harsh. Can you share you opinion on what you think about these? --------------
10. Borrower covenants and agrees with Lender tha...

I converted a property from a primary residence to a rental located in California in 2022. The date of conversion is 5/29/22 which reflects the first day it was advertised online for rent. After listing for rent, I st...