I rent a out a room in my home to a person on a month to month basis. We agreed a 30 day notice must be given to vacate. From the way I read my state rules the 30 day notice goes both ways. The person must give me not...

When I have to ask this question on BP it's time to find a new accountant. LOL. I will get my first 1099 from Airbnb this year. Do those numbers get transferred to a schedule E or am I actually paying regular old 1099...

I've been a real estate investor and wholesaler since 2012 in Cincinnati, Ohio and surrounding markets.  We've rehabbed 6 houses on our own and I've now wholesaled north of 300 deals to other real estate investors.I'v...

Hey BP,Just want to have accurate comps. Is a year too far back?Thanks,Jordan

Hi all - this is my first post on BP. I am just getting into this space and own a couple of properties currently in Utah. I am currently looking at a multi-family property in SE Idaho (would be my first in the state) ...

I have a question on deprecation recapture and the tax consequence.  When you depreciate a expense like a roof then sell the property.  It seems that the roof expense become a capital gain since you have to add the de...

a day to day or week to week basis? i mean to say, i don't mean your obvious occasional big purchases, the loan/tax/insurance payments, and/or all the tax that goes to uncle $am on ur short term flips.buy everyday or ...

If you trade different stock options, can they still be considered identical for wash sale rules if they have similar dates on the contracts? Are day traders still subject to wash sale rules? Thanks

How soon do you guys start charging a late fee for late rent? I used a standard lease form that my agent provided and it says rent due on the 1st of each month. Then 3% late fee if more than 10 days late. Is that s...