I've been doing a lot of research on rental property tax accounting the past few days and am amazed (frustrated) at how many different answers I'm finding. For example:

1. Pre-rental expenses. On the one ha...

I’m a super newbie. I heard on the podcast a couple times of some people who bought a house with cash, no mortgage at all, and used the BRRR method. I don’t understand how you can refinance a house that has no mortg...

Hello, looking to learn from those that have done a garage conversion recently. I’m located in Southern California and curious to know what is the average cost to do this? Is this usually funded by a home equity loan ...

I am currently in the process of negotiating with a property management company to manage a multi-family rental and I'm curious about how others in the BP community structure their accounts. Can anyone advise on wheth...

Hello everyone, I am starting my short term rental journey. Currently, I only own one property with a mortage. Should I open an LLC or should I run it as individual? Furtheremore, If I open an LLC, am I required to ch...

Hi BP,I sold my property in CA for 755k and bought a property in Houston for 400k. Now, after months of trying I could not find another property to buy. So now I have a boot of 355k because I didn’t find anything else...

Will likely re shingle an 18 year old SFR's roof in the next 12 to 18 months. No major structure work will be required, nor removal of old shingles. Will likely run around $6,000. I've seen some fairly aggressive back...

Soaking up all the awesome information on BP lately and have decided that I want to actually get in the game vs. sitting on the sideline.

So, at my age can I actually buy a duplex/triplex? I don't really have a cred...

I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...

Hi,

These are my numbers, I'm new so I want to get opinions from others who are more experienced:

Duplex / FHA 3.5% down (12,775)
Purchase Price: $365,000
Gross monthly rent: $2700
Total Monthly Payment: $2400
50% ...