So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...

It's best to have both knoledge and money. But, if you had to have one or the other, you would chose knowledge - of course. In this spirit:

What is the best deal that you've put together requiring $10,000 of YOUR c...

Hello,

I'm new to BP and was just wanting to get some opinions.... Have any of you ever used auction.com to purchase foreclosures? I see postings from them it seems like everywhere and I just want to know...

A week ago, I wrote an article explaining how the millennial generation (myself included) could creatively finance a down payment for their first property. What was intended to be an informational article on BiggerPoc...

I don't understand people who are long term tenants, and the logic behinds it bothers me. They are paying monthly rent to other people, which doesn't make sense to me. If they have money to pay rent each month for lon...

Hello Everyone,I currently live in one of the most expensive areas of the country (Bay Area, CA). I work in tech at an amazing company (Facebook) and I am extremely fortunate to have a relatively high salary for my a...

So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...

Came across a non collateral loan offer ( work as a physician and got a letter from a firm offering 50 K -200k for personal / professional use). Was Offerred rates of 5-6.5% after few phone calls, with early return pe...

I will preface this by saying this is 100% a self inflicted wound that in all honesty did know know was happening. I am an investor with two other "good old boys" who still believe in handshakes and verbal agreements....