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Results (10000)
Craig Lessler Airbnb - Active or Passive - Deductibility of Losses Schedule C
3 May 2024 | 30 replies

I have a long term rental (SFR) which I converted to an Airbnb in October 2019.  My property manager is acting as the host and we have already had multiple bookings. 
Questions:
1. Is the Airbnb considered "Active" ...

Peter Morgan Vacant apartment high electricity bill!
26 July 2021 | 28 replies

Hello,My apartment has been vacant last couple of months.The first vacant the electric utility bill came around $150 and I noticed that the central AC furnace was on so I turned it off immediately but to my shock the ...

Mike Ojo What to look for on Renters application?
18 March 2019 | 4 replies

I am starting to receive applications on my first rental property (all digital applications). I need some advise on what exactly I should be looking for to qualify each tenant please.Income: What multiples of the rent...

John Hyre Wholesaling in retirement accounts not legit
2 April 2020 | 3 replies

Carl Fischer had reminded me of an article I wrote two years ago.  The gist:  Wholesale deals in retirement accounts will get crushed by the IRS once they get around to auditing them.The Mazzei Roth IRA Case – An End ...

Manas M. How to keep insurance low?
25 April 2022 | 15 replies

Hey BP Folks,We just closed on our second property in Houston and I am currently shopping for a cheaper insurance option. I was told  by my broker that most carriers have moved out of Houston area. I am wondering how ...

Abdenour Achab Which Tax Lien States are BOTH Interest Rate Bid Down AND No Foreclosure Required?
23 August 2023 | 10 replies

I like the fact that Arizona is an interest rate bid down state. However, in my experience, as soon as the deadbeat owners of the worthwhile houses receives the 30 day notice of intent to foreclose, they redeem their ...

Lilly Fang foreclosed house with solar lease
22 November 2023 | 4 replies

If we buy a foreclosed house from the bank, but the house has a solar lease on it, do we have to take over the lease?
I was planning to buy the house to prevent it from foreclosure but decided to pass it after readin...

Josh Springer Flood Insurance Question
2 February 2018 | 8 replies

Hey All! First, sorry if this is mentioned elsewhere. There's so much material to dig through.Right now, I'm considering a property thats somewhat a "house hack". The parcel contains one detached SFH and 5 units for c...

Kristen Jackson Tax delinquent properties in Atlanta Georgia
2 March 2022 | 25 replies

Is there anyone familiar with  FIFA/TRANSFERRED SOLD on a property tax bill in Georgia? 

Daniel Lipetzky Determining how much you make on wholesale deal?
24 November 2014 | 12 replies

Everywhere that discusses wholesaling talks about being able to make $500-$20000+ on wholesaling deals.  Common basis for pricing things out is of course the 70% ARV less repairs.  My question is how you go about dete...