Dante Devine
AC guy
BiggerPockets Houston family,
I am in need of a dynamite A/C guy for a houston rental I am considering picking up. The A/C crapped out and they are currently using window units. The home warranty won't repair...
Wesley Emison
Tax impact of renovations on a duplex - Useful Lives
Hello BP Community, thank you in advance for reading my questions and providing me with your thoughts.I have recently purchased a duplex and will be renovating both units. I want to focus this discussion on what use...
Neil Hohmann
Note buyers: Solo 401(k) vs Self-Directed IRA LLC
Hi BP,Like many buy-and-hold REIs, I'm getting hung up on what entity to form with regard to investing in notes.Have most of you formed an LLC? My understanding is that some exchanges will only sell to an LLC or compa...
Gary Kline
determining basis for depreciation : frmr res. rented in 2015
I bought a lot in Colorado Springs, CO in 1998, had a house built on it in 2000, lived there until 2005 then moved away. Relatives lived there paying below market or no rent until 2014. I rented it out at fair market ...
David G.
Cash on Cash formula/Principal payment
Hi, can anyone clarify if the Cash on Cash formula includes the principal payment or only interest expense?
David M. Hagley, Jr.
Deal Analysis References
Is there a good reference book that shows the formulas and methods for analyzing real estate deals? I know that the calculators are on BP but I want to understand what goes into the analysis for various strategies. ...
Anthony Cologna
Account in NJ proficient in QB online?
I’m having such a hard time getting the right person to take care of my Quickbooks and file taxes for my Real Estate investment business I’m in NJ and I had the same accountant for 25 years and he retired two years ag...
Rudy Manna
Missing Sump pump
I am have a rental property (MFH) on contract that has missing sump pump. Any rough estimates on how much it takes to install cheaper sump pump (e.g., pedestal sump pump). The property is in low income neighborhood he...
Jessica H.
Property Manager Fees & Income Tax
Hi everyone,This is my first year owning a rental property. My property manager shows fees like "posting & processing fees", "software", "showing the unit" in his financial statements. How should I handle these fo...
Loren Grey
QRP (Qualified Retirement Plan)
Hello, My name is Loren Grey. I was wondering if anyone has checked into the Q.R.P. (Qualified Retirement Plan) from Total Control Financial? It sounds better than a Self Directed IRA. Thanks.