Emilio Ramirez
Converting to tenant paid utilities
In the milwaukee area, a lot of properties advertise heat included. If I were to find a deal with existing tenants in this condition the rent would have to be lowered if I made them responsible for their utilities. Ri...
Anna Batchelor
How is VT STR income tax calculated?
I’m looking for some help understanding how my income from a VT STR is going to be calculated. I’m anticipating a 30k gross and 10k net income after expenses. Does the gross or net income get taxed? Since I’m only MAK...
Keely C.
electrical meter count
Hello,Consider a building with 3 dwelling units, and some common space (laundry room and stairwell.) There are currently 3 meters, the laundry/stairwell/outdoor power connected to house meter. Each smaller unit has it...
Rachel Luoto
Weird Income streams - care to add to the list?
Hey BP! We all want to increase our ROI - and sometimes that means thinking outside the box! A few interesting revenue sources I've found:-Selling tideland rights - locally we have great shellfish, and you can sell *j...
Ben Kevan
Rental Property Balance Sheets
For the single and multi SFR owners,
How do you handle your cash flow? Do you do per property, then overall? Do you use a program (ie quicken?), or stick to the simplest of simples and use excel?
Does anyone have ...
Corey Duran
How does this business structure sound?
I talked to an attorney who looked over my current situation (1 LLC) and recommended instead of having one LLC holding 15+ properties to divide them among smaller LLCs that contain fewer properties to separate them i...
Peter J Donaldson
Yet another 2 out of 5 year Primary/Rental Ratio question (sorry)
Ok, I have read all the IRS publications and seen many forum answers on this basic subject and I THINK I now have an answer from IRS publication 523 but would like confirmation if possible as I think I have a quite ra...
Bukka Levy
Buying & Funding Mobile Home Parks
Hi gang. I'm wondering if anyone could recommend a path to finding and buying my first Mobile Home Park. I'm seasoned in the Single Family Home market and am very interested in moving up to MHPs. I'm also transitionin...
Teya Beradze
Balancing work and RE
My husband and I are getting into REI and between very demanding job and family we have a very little time left for RE. We are determined to stick to it and keep at it but wonder how do you organize yourself and prior...
Clinton Ide
Mobile Home Park deal! Need experts!
There is a mobile home park for sale in my town listed for $194,500. This deal is land only. All the mobile homes are tenant owned. It is currently set up for 9 spaces, but with a couple adjustments, it can have 12 sp...