Hey BP, I purchased a 2 family rental in February of this year. I inherited a tenant from one unit and renovated and recently rented out the second unit. I'm starting to think about how I'll purchase my next rental an...
In the past I have written off a per diem expense for both lodging and food when my husband ( the single owner of an llc) travels from Florida to Michigan to work on our business. He stays with friends and gives them...
Hi there! I just launched my first STR and am trying to navigate the tax setup. My partner and I own it together (but we are not married) and are both on the loan and deed but we do not have a LLC because we used a 2n...
I came across a property that I don't want (way too much repairs). I was advised by a fellow investor that I can offer the seller to sign a "Non-Exclusive Right to Sell Agreement" so that I can market the property to ...
I need some help identifying the best or available methods(syndications, trusts) for purchasing an apartment complex.
I have a track record in the area and have identified potential investors.
I would invest 33% of ...
BP experts. My current situation is as follows.
Having a current mortgage at 5.125% on my primary residence with a balance of 285K in CA. Having 3 rental houses paid off in AZ. Equity roughly 650K. I'm 68 years old a...
Does anyone have any recommendations of new construction GC's in the Atlanta area? Second question is I am curious to hear anyones finished cost per square foot that has completed a new construction house recently re...
I'm considering splitting one large master bedroom into two separate rooms. However when I do so, the second room would not have a closet. Would I be able to list this as two rooms on a rental or would I only be able ...
Hello,I am considering buying a 4 plex however there are only two furnaces for 4 units. As a result, the current landlord pays the gas bill for the entire building. Any suggestions on how to split this up and be able ...
Hello, Im trying to figure out if keeping my home as a rental is worth it.The home is a 4/2.5 with 2200 sqft. The mortgage payment is $1529 (that includes taxes,ins.etc.) , heloc payment is $1000(used this for down pa...