Detroit is falling and much of the blame is aimed at the banks.

It was just reported that banks started foreclosures and evicted tenant/owners but have not taken posession of the property leaving taxes due from the o...

A question that we get:
"Does the IRS require site visits for cost segregation studies?"
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conduc...

I am a Real Estate Professional who bought a Property Management Business a little over 2 years ago. Within that time frame the business's revenue has grown significantly and has outran my tax write-offs from buying t...

My tenant let me know last month that their power bill was about double what it had been.  Since it was really cold, I wasn't concerned too much about it, but still had an HVAC tech go check it out.  I wanted to make ...

I am curious to see what most of my fellow BPers do for their main stream of income, I personally work as an RV sales Consultant and do real estate part time as the opportunities arise.

Hey Biggerpockets,I have a service contract with a tenant, who was served an abatement warrant. For those unfamiliar with abatement warrants, the city puts it's own locks on the property for a period of time to stop t...

Hi everyone. I'm a new wholesaler. I was driving a neighborhood the other day looking for vacant homes. When I got home to find who the owners were ( and other data) I found out that all of the homes in this whole ne...

Fellow landlords, I am curious if you are doing anything about lighting fixtures inside your rental properties that use incandescent bulbs wired to traditional dimmers. In my lease agreement, tenants are responsible t...

Hi BP community,We are looking at a 20 unit MF deal that has not been operational for past 3 years. It needs electrical issues, interior, exterior, AC,new roof  etc. I believe this unit need a CFO and the building nee...

Hey BP folks,Was hoping I could get some insight into the below deal that I currently have under contract, where we are looking to turn a vacant 27 unit apartment complex (45 beds total) into an assisted living facili...