Jason Heath
Depreciation Recapture for rental property
I sold a rental property. Half-way through owning it, I realized that I had failed to begin depreciating it when I bought it, and I started depreciating it. Had I depreciated it from the beginning, I would have acco...
Lauren Keen Aumond
Home Office Deduction??
I'm using a CPA for the first time since 2017 was my first year having a rental property. He's my parents' CPA and they have one rental. He told me I can't take any home office deduction (I'm interested in the "simpli...
Daniel Fridrij
Legal question // Ohio Property Managment
Hello everybody.I am looking to invest in the Ohio market. Single Families.A person I know there is willing to manage the properties we buy. She manages a 100 unit building, so she is pretty familiar with everything. ...
Seann Brown
Cashing out 401k to buy rental property
Have $100k In my 401k, would it be wise to cash out the entire amount for a rental property? What would be the tax implications? I live in CA. I know I would pay the tax on it now, but it was all tax deferred contribu...
Soo Y.
Federal Restitution Lien in Place but USA Not a Named Defendant
Here is a real-life scenario:1. SFR listed on MLS;2. Same SFR also has a Lis Pendens filed against the owner and is scheduled to come to sheriff sale next month;3. Lis Pendens was filed two months before the United St...
Greg Bahler
New Member from Madison, WI
Hello BP, I am looking to get involved in the real estate investing game. I currently have a good knowledge of construction and have always had an interest in real estate. I am also currently working as a property c...
Donna S.
Hello from Central NC
Hello all,
I have been lurking aound here for a while and finally decided to introduce myself. I stumbled onto this site about a year ago and found it useful in helping my daughter and son-in-law purchase a bank own...
Joel Mendoza
Mid-term Rental Insurance Policy
My rentals are all 30-120 days, averaging 3 months, typically travelling nurses or other professionals. I've been doing mid-term rentals for 5 years now and always paid an expensive short term rental insurance policy ...
Grant Fuellenbach
Beyond Pricing for VRBO/AirBnB/etc.
I have a quick question concerning pricing for AirBnB or VRBO rates. For those of you who frequently 'rent' out your homes or property, have you ever looked at pricing algorithms similar to https://beyondpricing.com/ ...
Marsha Rost
What type of insurance do I need?
If I am doing a BRRR, buying with cash, what kind of insurance should I purchase for the renovation phase, before I get it rented out? I heard someone mention a builder's risk insurance? They old me that it is a min 6...