Hi
I am considering expense for a small vacation condo which I plan to rent out most of the time. In such a scenario does the condo expense be shown in the expense category while filing tax. I would appreciate any fe...

Hey everyone, I’ve got a few questions about how rental income is handled on my debt to income ratio. If I buy my first property and rent it out, let’s say for $2,400 per month and my monthly mortgage, tax, insurance,...

Friends,

does anyone recommend any particular software product to evaluate wholesale deals? also is there any software for finding out a what the market value of a property is? anyone help would be appeciated...

Hello,I hope this isn't a repost, but I was hoping to get clarification on the basis for depreciation when it comes to the replacement property on a 1031 exchange. Would I basically calculate the basis for depreciatio...

SFh in my area has been on the market for a little over a year. I have been inside it a coupke times. With winter here it has unveiled this foreclosed property has issues...It has minor foundation issues(minor leaking...

Hello BP network,I am closing on a home in San Diego with a zone 4 lot. The house is in an area where rents are raising significantly every year. My plan is to stay in the home and build a 4plex property in the empty...

Hey everyone, new guy here. Loving the forum and the info. I have a few questions in regards to the 50% Rule. I may be making a simple rule too complex, but curiosity is making me ask haha.

Example:
We identify a p...

Hi everyone,

I’m a first time investor in So. California. I have a possible deal that I’m looking to put an offer on:

SFR: 3 bd 1.5 bath
Asking price: 310,000
Comps: 307k-345k
Rent: found two homes that rent at 1900...

Hey guys, sooo is it me or are appraisal fees through the roof? I was just quoted $1050.00 for a duplex which included a $150 rush fee. Please reassure me before I do something irrational!

Hello BP family, We are looking to buy in Richland county (Columbia South Carolina). I know there is a higher tax rate for non owner occupied SFR but does the tax also apply for small apartment buildings (10 units)??T...