I am fairly new to being a landlord, and have my first pain point on a deposit prior to signed lease. I had a group of 3 girls that submitted application, were approved, then gave me half deposit and agreed via e-mai...
I just acquired a 4-plex today. I currently have 18 units, and will have another 4 here within the month. As crazy as it might seem to many, I self manage from out of state. I have a reliable maintenance team and l...
Hi all. I'm a bit confused on this issue as I read about depreciation recapture being taxed as "ordinary income" then I see mentions of a "flat 25% rate". I have a 3 part questions:- So will the rate depend on your ...
Hi! I am in a 1031 exchange circumstance as i got an offer on my investment properties. Some of these deals out there are awful to replace my properties i have in contract. Can Subject to acquisition be counted towa...
I asked a similar question earlier today about putting a rental property in service and deducting the costs of the rehab on Schedule E. Okay, looks like I can't deduct the make ready costs and I can tally the improvem...
Greetings BP members,I'm a newbie to the community and want to gather some opinions on my financing strategy.I currently have 2 properties, my personal home and a rental townhouse. Both are paid off. I'm now in a po...
Good morning, I'm still looking into the risks associated with becoming self insured in Florida/doing research, but thought I'd reach out to the experts. Do you have any advice, cautions, resources where I can gather ...
Is the military basic housing allowance enough to verify a tenant's ability to afford rent? If their housing allowance exceeds the rent amount by $450 but they don't have 3x income requirement would you feel comforta...
I currently have 3 free-and-clear rental properties in a single-member OH LLC (I live in CA). Since that LLC is a disregarded entity for tax purposes, I use Sched E on my personal return to account for the OH rentals...
Greetings, I am seeking advice on what course of action I should take to acquire a property in Melbourne FL. that was owned by a family member who is now deceased. My cousin who passed away 3 years ago had no will but...