Ashan D
High vacancies properties - Opportunity or Disaster?
Does anyone here deal with commercial tenant properties (office/retail/industrial) that are distressed, non-performing, or otherwise high vacancy? I think there's a lot of upside in these properties if they can be bou...
Jason Wilson
Who is the right contractor to contact for structural questions?
Hi, so I have a property that is completely gutted down to the studs, with entire kitchens and bathrooms ripped out(2/1,3/2 - duplex that my father owns outright but is currently unlivable and vacant. He has bad credi...
Juliet Salceda
Is buying a condo or townhouse with HOA's fee worth it
Just looking on mls website and wondering if condos and townhouses that have HOA fees are they good investments
Sam Colangelo
Renting rooms and taxes
Hello! Im wondering if anyone can help me understand if i will need to report income I’ve been receiving via Venmo over this past year. I bought a house early 2022 and have two friends renting out two rooms paying me ...
Brooke Gibson
How does depreciation work for older houses?
Hi, I'm looking for an answer to this or links to resources since I've had a challenging time finding any. I hear that depreciation lasts for about 27 years and the amount deducted from tax can make the net income, fr...
Christine Kennedy
Lease agreements for college students
My husband and I own a 6-bedroom home in a college town. We are wanting to do two-3 person leases so that if one person leaves the other two are responsible for that rent or to find another roommate. The parents(who ...
Account Closed
Understanding Real Estate Depreciation Deductions to Maximize Real Estate Investments
How Real Estate Depreciation Deductions Can Supercharge Your Investments
Real estate, with its potential for passive income and property appreciation, is a favored choice for investors looking to build long-term weal...
Jason Dismukes
New member
Hi all,
I've been reading a lot of BP posts over the last 24hrs. Mainly on solo401ks and buying RE inside.
I'm a self employed engineer with a SEP at present and also a personal IRA I don't find anymore due to the S...
Richard E.
What's a fair partnership % split?
Listmates,In a brrrr scenario, assume one partner finances everything. Other one gets the deal, and oversees the project and basically does everything, but puts in zero dollars.Question: what is a fair percentage for...
Tim S.
Trouble getting Umbrella Insurance policy
My properties (single family rentals) are all owned by a TX LLC, none are located in TX. They are in WA and MO.
My local agent says I need a TX umbrella policy since the LLC is based there. She can't help me I need...