Brian Morgan
Me big W2, spouse RE pro. How write off 1/3 LLC losses?
Sorry for the Tarzan title, but I think it covers the bases. So I’m a W2 wage earner in the 33% tax bracket and my wife, who has no income, logged 750 hours on our rental house last year to qualify as a real estate pr...
Brady Lucero
Capital Gains + State & Federal???
I'm a 25 year old Journeyman Carpenter and my wife is a Realtor. We have successfully "flipped" two homes on the side now. We lived in each house two years to avoid capital gains. I did 100% of the work myself, mad...
Ryan V.
FSBO deal without using realtors
So I came across a potential deal for a 2/2 condo that is for sale by owner. The numbers seem to work and I'm trying to look at it early next week before the holiday.My question is if it's FSBO, does that mean I can't...
Richard Benjamin Wilhite
How do you deal with dog poop in the yard from tenant's pet
I'm "house-hacking" a duplex. I allowed the upstairs tenant to have a dog. It's in the lease. She pays modest pet fee per month. Over the last several months, the tenant has been letting the dog poop all over the yard...
Robin Evans
Tenants complain about vent cleanness
Dear BP friends, hope you all had a great Thanksgiving holiday! A tenant of ourshas just complained today about vent cleanness after he lives in the unit for 10 months. He sent us a pic of the ceiling after bathroom e...
Matthew Wright
Therapy/emotional support dog
Anybody have experience with tenant proposing they get a dog for "medical" reasons? She knows there's a no dog policy and has been in the building a while. I do not allow dogs, and this dog she's proposing will not be...
Kimothy Bynum
Looking to retire early
Hey I want to retire early! Really meaning i want to leave my W2 job and not have to rely on it for income by 35 so it would be a 10 year plan. I'm currently on my first house hack and looking to do another house hack...
Timothy W.
Oh Tim, you don't need to carry a gun....
http://archives.chicagotribune.com/2009/jul/06/local/chi-landlord-dead-6jul06
Julie Williams
Travel nurses vs. long term tenants
Has anyone out there rented to both travel nurses and long term renters? Which was more profitable? Which was hardest to manage? I like the idea of renting to travel nurses, but there are always some landlords renting...
Ben Gleason
How do I handle such an unhinged tenant?
I own a property where I rent out the lower apartment while my wife and I live in the upstairs one. Consequently, I see my tenant quite regularly. I've had issues with this tenant in the past, as discussed in a previo...