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I converted my homestead condo in Uptown Dallas to a rental property 2 years ago when I married and moved, and I am hoping some experienced - and objective - investors can advise me about whether to sell or continue t...
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Hi everyone, I have recently been renting out my first house for the past year and a half. The tenants have been great and we have maintained good communication if anything needs fixed or addressed. However, they have...
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Hello, I live in the Bay Area and vacation in Lake Tahoe often. My fiancee and I are looking at potentially purchasing a vacation home/condo, and I'm curious if this is something I can turn into a profitable investmen...
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Hello All!
What are your thoughts on holding flips for just over a year to be able to take advantage of the capital gains tax (vs selling in under a year and being taxed at your ordinary income rate)?
Many people h...
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Who has had their rental significantly damaged by a hurricane/tornado/flooding? What's the basic steps if the house isn't habitable? I'm guessing we end the lease, contact insurance, do repairs - then relist it for ...
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Hi, I am looking for a a tax professional/accountant that works with rental property owners. I have lived in Oregon for the past 10 years and own two properties there (Single family and a four-unit) and will be transi...
What do you do when you have a 6 month lease we an Army Ranger Vet who has a service dog and his lease is expiring at the end of April. Hes been great but has ignored by attempts to contact him about moving our or ex...
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When calculation rehab, what should I allow for foundation repair budget?
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Hello/Help,
Started a business this year and my taxes have become too complicated, hoping to find a good CPA/tax person recommendation from the BP community. Right now the company is comprised of 3 partners, includi...
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Hi, folks. I am a new investor and I got a rental property in Texas. I did not rent it out last year since I got it in Dec. I've some cost incurred in 2020 such as loan points, agent fee for finding a tenant, etc, so ...