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Results (10000)
Collin Smith Working on your own AZ flip - rules for cosmetic items
18 July 2024 | 1 reply

Hello BP Community,
I’m in the Phoenix metro area and am looking to acquire my first investment property to flip. To keep expenses down I would like to perform some of the cosmetic work myself. I’ve done several live...

Michael G. Marketing Letters - What works best? Magnets? Flower seeds? Bulky Items?
26 April 2011 | 1 reply

I'm 2 seconds from becoming a realtor. I notice different realtors use different marketing to get prospects attention. Some use postcards. Some send magnets, pens, keychains or some bulky item with their Broker name a...

Brent Raber Tenant moves unexpected- Leaves all Items. Eviction needed or not?
24 March 2015 | 10 replies

A friend has a rental property in Marysville, Ohio. Three months remaining on the 12 month contract. She texts the landlord and says " I am no longer able to care for you home and have moved out of the property." She ...

Victor Omoniyi Gain/Loss to Lease - Line Item on Cash Flow Statement?
17 December 2015 | 0 replies

Hello BP Community,I am analyzing a deal and I see the Gain/Loss Line item on the CF statement - it's a positive value - so severely inflates my Potential Gross Income. My questions are: -Kindly explain in layman term...

Katie Ritter Investment Property filled with high end items, what do you do?
28 February 2019 | 1 reply

There is an investment property that is over 3,000 sq ft filled with at one point high end items.  I wouldn't consider it hoarding but the amount of clothing this husband and wife had blows my mind.  Some items are st...

Lewis Kerwin Should repair invoice on out of state prpty include line items?
24 May 2021 | 0 replies

Hi,
I recently bought a house in detroit. The pre-purchase inspection listed a number of recommended repairs. My PM just hired a contractor to make these repairs and sent me an invoice that simply says "Upgrades City...

Kenia Crevoisier You can deduct charitable donations even if you do not itemize
2 May 2020 | 0 replies

Hi BP members. I am CPA that specializes I real estate and international tax. I am also an aspiring real estate investor I hope to connect with other RE investors and share some of my tax knowledge with you all. I’d l...

JD Martin Cost Segregation data 2022 Q: bulk or list each item individual?
19 December 2022 | 6 replies

Good evening tax pros! I am running my sample 2022 tax return in order to figure out how much federal I'll owe for the year. I bought a property this year that was a good candidate for a cost segregation study, and I ...

Alicia Marks QOTW: What are your "hard pass" items when evaluating real estate
30 June 2022 | 161 replies

Welcome to our Question of the Week! We have a lot of people who are entering the world of real estate investment who could use your wisdom. When evaluating a property, what are your automatic no or exclusion list ite...