So today I called my CPA to let him know that I’m going to be buying rental properties in the near future. I Wanted to get some insight on some of the tax breaks I would be getting for having rental properties, he ...

Investment Info:

Single-family residence fix & flip investment in Kansas City.

Purchase price: $50,000

Cash invested: $3,000

Sale price: $50,000

ARV of $125k-$130k
Rehab costs of $25k

...

I've been of the mindset not to waste my time chasing pennies from tenants that move out leaving minor problems but in the past year I've had 2 tenants that have moved out & broke lease early that have cost us $5k...

I recently started renting out the MIL at my lake house. It has been a cash COW!!! I have several other houses throughout the area, but they are not lakefront/waterfront or anything. So I'm not sure if they'll get as ...

Do you have things you don't charge the tenants for with maintenance issues?

Hey Bigger Pocket family,I have a 4 Unit building currently with no washer and dryer from when I bought the building.Trying to decide between if I should get coin operated washer and dryer or regular washer and dryer....

Hello BP community, I am not sure what kind of insurance I will need to get for my first investment for a fix n flip. I have heard that I can not just added to my regular home owners insurance. Is this true? is it wor...

I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks?

A teacher I used to have has 38 properties and all 10/15 year mortgages which all have break even cash flow which in turn lowers his taxes from his full time job. After the 10/15 years he refinances and pulls out as ...

How does Seller financing work? What are the benefits?