Isaac Trevino
Is this a good househack?
I have a property I hope someone can help me think through. 4Plex 255K Purchase Price2,850 Gross Income2,110 Payment including taxes and Insurance..I want to live in one and rent the other 2. So gross would be like 21...
Dan Brainard
how to record seller-paid closing costs on rental property?
Just trying to record a closing statement and wondering how to treat seller-paid closing credit. Specifically, which type of ledger account to credit?
Lauren Wiggins
Triplex with office space
HiI am pondering buying a building. It’s in a beautiful area, residential area. It has 3 residential units and 2 basement office spaces. Currently the area is zoned as mixed use. I want to covert the 2 office spaces i...
Billy Daniel
Depreciation vs Expenses
Hey BP! Given that it's tax season, I've been looking over strategies that I can use to reduce my tax burden. For those who rehab properties, how do you report your expenses? Can I write off my entire lumber bill a...
Alexander Szikla
Housing Market Outlook 2024: Harris vs. Trump
The 2024 presidential election presents two distinct visions for America's housing market. Historical data shows housing prices have averaged 4.84% growth during election years since 1987, but the specific policies of...
Ben Bourgeault
What is the hottest city for real estate investing right now!!
Hi I'm interested in learning what city or state has a hot market for buy and hold as well as fix and flip.What are you thoughts?
David Maldonado
Home purchase loan and Home style for ADU build
Hi everyone,I am planning on purchasing another home to househack and I would like to build an ADU ASAP after closing on the house. I've read that with the homestyle loan, an ADU can be built and the funds from the ho...
Account Closed
Must Know Real Estate Tax Saving Strategies for Investors
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...
Serhii Aksiutin
1st rental reduction requests - how to react?
This morning I got email from a tenant that requesting a rent reduction due to the shelter-in-place order:Hi Serhii,
I have just paid my April rent in full while I have not been receiving services I purchased in th...
Alex Whittow
Replacing Gas Furnace with Heat Pump vs. Electric Furnace
I’m in the process of replacing a natural gas furnace with a more climate-friendly option; specifically, an air-source heat pump or electric furnace.Given the reduced energy needs and minimal environmental impact of a...