Jason Sousa
To Show Or Not To Show Before An Application is filed?
Hey BP members. I am having a great deal of issues getting renters to sign an application to see if they qualify before showing the property. It seems like renters want to see the property before they file an applicat...
Brenda Budzinski
Vehicle expense vs. mileage rate
What are the pros and cons of vehicle expenses? Ive read there are two different ways to write off this expense. Actual expenses like car value depreciation plus insurance, gas, repairs, oil changes or the other opt...
Jordan Johnson
Question about consolidating debt
I’ve been thinking of ways for my wife and I to quickly get out of the debt we’re in. Right now there are multiple things we owe on. We own our family vehicle out right so my thought was to take a loan out on our vehi...
Alex Washburn
Vehicles Left At Property - Chattanooga
Hello... My husband and I close on what will be our first long term rental in Chattanooga Tennessee on the 9th of August.Walking through the house today I saw someone's work ID laying on a desk so I took a picture of ...
Peter Fokas
car - lease vs buy
Trying to assess whether we should buy a car or lease a car. Breakdown of our current situation:1. we have one car (only need one car)2. we drive less than 10,000 miles a year3. we use the car more than 50% for busin...
Shawn Regnier
Fix and Flip - Section 179 - Auto Purchase 6,000-14,000 GWVR
I'm a realtor who is currently finishing my first fix and flip with a business partner through our LLC that we formed from each of our individual Corporations. I've been pouring through articles on this topic, but am ...
John T.
Rental property/ business expenses Qs
Hello BP,
We bought and rented our first investment property last year. It is in our personal name (no LLC) and we did our taxes for the first time. We were keeping track of our business expenses, particularly our ...
Bob Ward
Seller discloser form and persons who flip houses.
I've read somewhere there is no specific time to be allowed before a property could be sold. Buy this month sell next month. Do discloser forms mention the driveway and parking? We are interested in a property and the...
Tim Czarkowski
Car left in garage of property bought at auction
A couple days ago I purchased a property at the county foreclosure auction. I went and took a closer look at it after the auction and low and behold there was an old Toyota truck in the garage. The property is vacant ...
Kiran K.
Neighbors blocking driveway, no HOA
My tenant reported tha neighbors are blocking driveway with their vehicles or trash can etc. Tenant and I informed the neighbors but no change. Property doesn't have HOA, how do I handle these neighbors.