Hi BP Family! I have a question for you but from the tenant side.
I am currently renting a house in California and yesterday the garage door spring decided to give way and the garage rolled down as I was passing unde...
I'm sure a lot of you have seen BP member Bob Stevens all over the forums telling people all about his 15% net cap Cleveland rental properties and the importance of his team.
If you do a little digging you see that t...
This might be a dumb question, but I own a 4 unit property and have been hit with two $50 fines stating"Violation Code and Description:107141 - Premises not litter free"Basically trash bags being on the property outsi...
Hello!I just closed on a 2 flat in Chicago (super excited!). Does anyone have a sample Lease that I can use or can anyone point me in the right direction please?I live in unincorporated cook county - not sure if that ...
I recently signed a contract to purchase a home in VA in which the MLS listed the house as having 2460 sq. ft. When the appraisal was done, the appraiser verified the house only had 1948 SF. I shared this disparity ...
I am in a situation that seems well-suited for a home sale with capital gains that are split between the section 121 primary home capital gains tax exclusion and a 1031 exchange for rental property:
Spouse and I ha...
Currently reading Why the rich are getting richer by Kiyosaki and for the record enjoying it just as much as his other books that I have done.In Chapter 14 he gives the example of Mary a 40yr old W2 earner of 100K pay...
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...