We just recently purchased a rental property in Utah from out of state. Prior to renting out the home we will have to fly out there to prep the home for rent. Just wondering if we can count expenses incurred for fly...
Hey everyone! So I own and Co-Host Airbnbs 100% remotely and one of the biggest tools I've used to make this all possible is... Walmart+You can order pretty much anything and have it delivered to your house within 2...
This is my question. What is the best way to have him send first and last months rent? Overnight mail? FedEx? My plan was to have him email back signed lease, then send back hard copy of signed lease with check...
I've done a little reading on making trips/vacations tax deductible, but I'm still not totally clear.
I am going to visit an out-of-state turnkey provider as part of my due diligence process to meet them and see th...
Hello BP. I am proud to say that I will be closing on my second investment property in my home town, Detroit on Monday!!!!! Despite all of the negativity I hear on the podcast from Brandon I want to take any open BP m...
Foreclosure for around 75k with 45 to 50 lots and currently 16 tenants. The homes do not belong to the Park and the city has liens on them as well as Greentree.
Area of town is weaker. Park across the street has ...
Hi everyone! My name is Drew Hardin, (gotta get the name changed on bp) and I'm glad to be apart of the BP forum! My wife and I relocated to San Diego CA from Chattanooga, TN six months ago to start a franchise plumbi...
I want to make sure I rack up 750 hours doing real estate this year to get my losses counted against my W2 earnings. I have 6 units and it is taking up lots of my time.
The question is what counts ? For example to se...
Say I have a guy who lives with me. He didn't mention when he moved in 6 months ago that he works from home full time. Of course it's been cold here so he is running baseboard heat 24/7. Once in a while he goes on a b...
Hi! I need help! We hold a great rental property in a self-directed IRA. We split personal ownership with the trust at 50/50. So our tenants always write two checks. One goes to our bank (via Zelle usually), and one t...