I Have a condo that I use as a short term rental in Panama City Beach.  We have a massive special assessment dropping and we are told it could take months to fix and the city said we cannot be in our building, it is a...

I am curious if classifying my spouse as a real estate professional can offset ordinary income when filing jointly.  She does actually classify as such.  We have rental properties in various LLC's and until recently w...

I'm investing in a new area for me and I have several recommendations of property managers.  I'm wondering how I should judge which one to go with.  Are there any recommended questions or things I should look for when...

It’s not an actual question, just wrapping my head around my stupid neighbor. From previous posts, the office sent violation to her after frequent visitor is pretty much sleeping over and not on the lease. She had a...

Hello BP!I want to hear from all the Landlords out there. In your opinion what is the worst part of being a landlord??Thanks!

Hello everyone,Haven't been on here for a while - been super busy with work and managing my properties!For the 2019 tax year I took a recommendation on a tax professional that I couldn't regret more at this point. I d...

Hello everyone,My partner and I have extensive experience in construction and we recently signed a contract for a fix and flip project in Scottsdale, Arizona. The home has a mold problem. There are a few areas where t...

Just heard back from my tax accountant and I was expecting some good news that we were getting a positive return from owning 6 different rental properties (bought 2 in 2019) but instead he tells me that we're just bre...

Good morning all, we just bought a triplex in Phoenix which was fully occupied about 2 months ago. We assumed the lease of  the 3 units, rent collected is way below the market average but we thought we will bear the l...

We installed a new dryer less than 3 yrs ago in the rental rowhouse. The new tenant who moved in last fall said the lint trap/plastic for it for this dryer just broke and needs to be replaced as it keeps falling out w...