Hello fellow investors! I live in Toronto and I am investing In Cleveland in the past few years . flipping houses, that are mainly sold as turnkey. I did about 8 flips so for. so not a ton of experience but not a n...
I have some expenses which could go either way on de minimis safe harbor or to capitalize and depreciate to deduct. Assume i bought a rental house for $100,000 on Jan 1. Land is worth $10,000 so depreciation is $3,272...
Hello BiggerPockets People!I'm Justin May, a college university police officer that does not want to rely on government programs for student loan forgiveness and retirement funding! I enjoy public service and the bene...
I think we've reached a tipping point where it's beginning to look like the economic shutdown in response to the COVID-19 pandemic is causing far more harm than the lives it (may) save. While shutting down some busin...
Hello BP!Seeking some suggestions on how to best update this backyard to improve the space and make it more functional. The elevation is lower than the house to the right which currently causes water to pool after rai...
How can I charge my tenants for electric and water usage when it's all on one meter?do I just include everything in the rent and check on the past years usages and add it that way
Hi! I am self managing all of my properties and at the beginning I just signed leases with fixed utility amounts for simplicity. I’m realizing that was a mistake because the tenants are running up the utility bill. Pu...
I have a 3 unit property 2 units the utilities are connected the property in Chicago I'm looking to separate the gas lines anyone can recommend a Contractor greatly appreciate the feedback
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Duplex built in 1964, 3 beds/1 bath up and down (rare find for duplexes in the area).
What made you interested in investin...
Hello everyone. Hope everyone is doing well. I have a property in the Bay Area which has an ADU in the back of the property. I'm interested in splitting the some of the utilities like the electrician, gas and if possi...