As an out of state investor I am dependent on my property manager to update me on status of property. We talk regularly, but that doesn't mean I am always fully aware of any potential deferred maintenance or tenant tr...

Hello BP community. I am new to BP and just starting the REI journey. I am building my investment analysis model to allow for quick and easy review of possible investments and need some guidance on some of the % value...

Hello,In my rental agreement contract where Im the landlord do I to need specify in a clause the times and days in a week my gardener will be maintaining the backyard and front yard for cutting grass, working on trees...

Is investing in a house that has a pool a good idea

I can't get a straight answer from my tax advisors-At what amount,  $ wise, do you have to amortize vrs expense it out as a same year deduction?I have been using a $600 limit for expensing, anything over that gets lon...

Hello,

Just finished my taxes for 2008. I noticed that my % of cost from repairs compared to gross rents was 4.7%. I currently budget 10% of gross rents for repairs. IE if rents are $800 a month, I set aside $80 f...

Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...

This is a two part question1) If I hire a painter to paint an entire inside of my rental house for lets say for $3,000 would this be considered a repair expense (improvement) that needs to be depreciated or would it b...

Hey all, We just purchased our first rental (woohoo!).  It's a small SFH with practically nothing to do to make it ready for rent.  We're in the process of tenant screening right now (we've had like 40 bites!)My quest...

For most of my adult life, I was a renter and I noticed sometimes landlords would do some sort of "maintenance inspection" once a year, sometimes multiple times a year and sometimes, never.  As a new landlord in Cleve...