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I am going to be purchasing some single family homes (mostly wood frame construction) in Central Florida for the purpose of rental income. My question is, should I provide periodic pest control service for my properti...
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I have a few properties here in Brantford, Ontario but am very intrigued with the U.S. I'm also looking in my own city for deals but with house prices skyrocketing Its becoming harder.I have been reading up on the tax...
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Long story short, I purchased a condo about a month ago in Lakewood, CO and there were already tenants in there. They have a lease through February of next year. Just got a call last week that they are now having a be...
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I am in the process of purchasing a rehab that has been smoked in for the past 20 years. What are some of the most effective ways of removing the smell to achieve showroom quality short of tearing out every piece of d...
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BP Tax Gurus,My question is regarding short term rehabs. I know that if you hold a property for greater than 1 year, its taxed at a long term capital gains rate (15% for most people), and less than a year, it is shor...
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If you have a termite inspection and the foundation is concrete but slight termite damage should I be worried?
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I just completed my first flip and cleared 10k, I then bought another property and put down 5k on the house. How and when can I utilize the 1031 exchange? I have read several things on this great tax benefit but I ...
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Hello, I posted in another forum a similar question.. I am curious about what type of entity Canadians investors use for lets say 2-3 rentals in the State of Florida... in term of the less expensive yearly costs and a...
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Can someone be allergic to cats such that they can sense when a shaggy carpet that was only 6 months old when they moved in had cats on it? This person is not allergic to dogs.
I spoke with the old owner - said hi...
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Hey BP....Wanted to find out if you cover general pest control or if you word your lease for tenants to do that..thanks.