I'm wondering if this sounds like a good deal for a first propertyfourplex C property in a C neighborhood Asking price : $89,900(4) 3bed and 1 bath units rented at $600/monthLandlord pays water sewage and gas.  $5k/yr...

I need a new roof on one of my commercial investment properties. Can I expense the roof or do I need to depreciate it? My CPA says I have to depreciate it over 39 years but another CPA told me I can expense it. 

This is my first potential deal and I want to make sure that I'm offering the right price, and if its too far off please let me know.Property Details: Split-level Duplex- 3 bed/1ba. each sideList Price: 99kRent: 600 o...

Hi BP Community,I'm working on rehabbing a property I just purchased and I am trying to decide what to do about appliances. The property was built in '74, and is in a solid blue collar neighborhood south of Seattle. I...

February 29th, 2024 HUD announced changes to:
Support Affordability for Manufactured Homes and Communities

Here are some of my thoughts: continued pushing for programs to allow the owners of the homes the abilit...

Replacement reserves are funds that are set aside from a property’s operating cash flow to fund future capital expenditures. Normal wear n tear or repairs.How much should one set aside or budget for replacement reser...

I’m looking to purchase my first multi family property. It’s a 2 story 6 unit building. There is currently an inspection order on the building that states the drop ceiling tiles should be replaced so that there is a f...

One of my rentals needs a new central ac unit installed , Need some opinions on a new or used 1) New Central  ( 4k)2) Used Central ( 3 years old ) 2kHas anyone had experience on having installed a used central ac on t...

For example, I have 8 properties average loan to value around 50%. I want to consolidate into 4 properties, all paid off.Form my understanding of 1031 rules, this is not possible. I still want to ask, even if I sold o...

A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...