I've been doing a lot of research on rental property tax accounting the past few days and am amazed (frustrated) at how many different answers I'm finding. For example:

1. Pre-rental expenses. On the one ha...

I'm in the process of purchasing a place that was listed "move in" ready off MLS and just got the inspection report.  Can anyone more experienced review for any glaring "deal breakers"?  A lot of it seems minor and st...

Hello BP!I am currently working on improving my ability to analyze prospective deals. I've been through the Ultimate Beginners Guide here on BP and it explained a lot! Also reading through the forums and blogs has pro...

The other day my partner and I had come across a home on an online auction site. It had a quit claim deed attached to it so we had a title search done. The people at the title company told us that a woman took out a m...

I bought my first rental property and inherited tenants. Unit A is in the front of the property and an in-law suite is in the back as Unit B. The have separate electrical meters, but share a water meter. My question i...

I just came across a lien note with the following language “Prepayments will be applied to installments on the last maturing principal, and interest on that prepaid principal will immediately cease to accrue.”
I had ...

Hello BP! This is my first time posting. I'm having a problem understanding a clause on my inherited lease. I need help with the interpretation of this clause;"If tenants fail to pay any portion of the rent or any oth...

Hello BPeeps,
Looking at S.535.300 of Missouri's landlord tenant law, it states that "The landlord shall give the tenant or his representative reasonable notice in writing at his last known address or in person of th...

Hi fellow bigpocketers, I have a question on, to me, a weird interpretation of what a garage contains from our condo association in NJ. Our condo contains a 2-car garage that our unit can go into directly. However, ac...

I have reached a friction point with tenants (Unit 1) and need some advice. They have been living at the property since May 1. Sometime in June my tenant had asked if it would be ok for her to do some work in the yard...