Hello,My CPA recently told me that the $50k we spend last year can not lower our tax burden because I have too high an income? Something seems to be missing here...I have never heard of this on any of the podcasts (I ...
Hey BP community,
I just recently purchased a 2 family in Newark in which I inherited tenants that the previous owner had. I wasn't 100% sure If I wanted to keep them or not but decided to keep them because they were...
Hi everyone,
I put in an offer on a duplex in Round Rock Austin and after tough negotiation, the seller and I agreed on a purchase price. I had the home inspection done yesterday during the option period. I was read...
Hello all. I'm appraising a three flat in chicago with an illegal garden unit. Owner says an old water bill/document shows 3 units but city says two units. Any thoughts as to the likelihood of getting the city to c...
I have a rental property where I rent out bedrooms. The kitchen/livingroom is considered a common area. Recently it has been a problem getting people to do basic stuff like lock the front door, clean their dishes, tak...
Hello, on February 12, 2018 I authorized my tenant to call the plumber and do the job in my condo. I was out of state. The tenant complaint about my kitchen sink - water back up. A handy man came first, used 50 ft plu...
I got answers from Google but I was curious to hear from the BP community what their opinions are for the average costs to resolve foundation issues?Especially in Houston, Texas?
I was told I needed to pay $100.00 (non refundable) directly to the seller in order to cancel the sale or renegotiate if the inspection reveals a major problem with the property. I also put in the contract that I woul...
I'm trying to update my lease for a 5 unit in Colorado. I'm currently allowing tenants to use their own lawnchairs in common areas. I've never had any issues with this but a thought occurred today. What if another ten...