Hi. I'm wondering if there are any investors who currently own rental property in the Indianapolis area that can recommend a quality, trustworthy property manager.Thanks
Privlo is a new lending platform that connects homeowners who can’t qualify at the bank, with private money lenders. But once the website actually launches, will Privlo be in compliance with new regulations under t...
I went to the Probate Court in Detroit a few days ago to take a stab at grabbing my own probate leads for Wayne County, Michigan.Unlike some of the adjacent counties, that have a book of all of the probate case filing...
This is a test of attachments.
See the attachment below:
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
Hey. I am getting ready to purchase my first property and I am curious of what to expect. What does it take to be a good landlord in Detroit?
I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...
Ok, so after a recent visit to my CPA for personal taxes, I was asking how I should set up my accounting. I have read a variety of articles on BP and they have been helpful but not exactly specific to my problem. Righ...
STR Life- Remitting Tax
I got a good question for the BP fam. If you are a STR operator how do you deal with remitting and paying tax? Now, if you do not use a PMS and only have a few properties or only operate on A...
The closest thread I could find that discussed a topic similar to this is: I have been reading a lot in the discussions about property management platforms and for accounting, for example, this thread: https://www.big...