Gary Kline
determining basis for depreciation : frmr res. rented in 2015
I bought a lot in Colorado Springs, CO in 1998, had a house built on it in 2000, lived there until 2005 then moved away. Relatives lived there paying below market or no rent until 2014. I rented it out at fair market ...
Jeff Ogden
Wholesaling as a Realtor in Washington State
I'm a local Realtor in Washington state and I want to get into wholesaling to build capital for my REI company, I'm new to investing, don't have a lot of funds and looking to start and grow, what are the laws regardin...
Spencer Stevens
Business Travel - Tax Deduction
Hi BP, I am curious to know what proof do I need to travel to Utah (from Oregon) to check up on a rental property for the IRS audit of my business trips? I could possibly save down pictures of my texts with the tenant...
Jon S.
For a BRRRR investor, which miles are deductible?
What mileage is deductible for a real estate investor who practices the BRRRR strategy, works from home, and travels back and forth to the properties. During the renovation stage, I drive back and forth between home a...
Monique Rich
contracts compliant with frank dod act
I am just starting out as an investor wholesaling lease options/rent to owns with the option to buy. Where can I get the proper agreement/assignment/purchase and sales/rental agreements? Can I still do a lease option ...
Paul C.
Insurance Tax Deduction
I've been reading IRS Publication 527 to better understand the tax accounting for rental properties. I'm not sure how to interpret this statement about insurance:
"Insurance premiums paid in advance. ...
Callum K.
Mortgage Regulation changes
Does anyone have any good sites that tracks mortgage regulation changes? I keep seeing articles all over the internet discussing upcoming changes and my banker tells me that "the rules are always changing" but I a...
Tony Castellucci
Investor contract template
Does anyone here have a private investor contract-template they could share?
Scott C.
NC Mobile home Interest Rate ???
What rates are yall using in North Carolina when you sell Mobile homes (Lonnie deals)?I'm trying to understand the NC general statutes regarding setting Mobile Home interest rates. I think I understand, but my interpr...
Pearson Caldwell
What constitutes separate apartments?
I am in the process of buying a home. The home is currently zoned as a two-family, but it has three stories with three separate apartments. The second and third floor share utilities, with the second floor covering ut...