Good day BP.
I’ve got a question about how my accountant does my taxes in regards to my rental.
So I rent a SFH to my mother in law for $1,200/month (which is about what the mortgage payment is). Fair market value w...
This is for my personal home that we purchased in February, 2017.The driveway is 2,000 feet long. The first 500 feet are flat and shared with a neighbor. No issues there except a few potholes that need to be filled....
Hey BP,I bought a property last year and it had a brand new septic tank and drain field installed. The tank was increased from 1300 - 1500 gallons, and it was inspected and got a clean bill of health. Fast forward 12 ...
We have bought 7 properties this year, all rented. Have been using our trusted subcontractors for all repairs. Was just approached by a handyman who wants us to use him. There are no license requirements in our stat...
Hello! I am under contract on my first investment property, and it happens to be an independent senior living facility (the plan was to start with something simpler but this deal came across my desk and was too good t...
Investment Info:
Single-family residence wholesale investment in Dallas.
Purchase price: $144,409
Sale price: $151,000
This is the oldest home I've ever sold. It was built in 1926! We were able to cl...
Hi all,
I’m currently in the Providence Rhode Island area and would like to Airbnb a few of my spare bedrooms out.
During the day I’m working as a carpenter all over the state of Rhode Island, which usually puts me...
I'm in the process of selling my personal residence and have someone asking about owner financing. In doing precursory research it looks like there's more involved with this than i initially thought like dodd frank, ...
Hey guys, I bought a property or cash a couple months ago. The property is netting me about 14%. I want to pull my money out to purchase a second property. However, rates are high and plus My credit score is low, The ...
This is a bookkeeping question. I am living in one of my units during its rehab. Do I want to pay rent? Which would mean that the company receiving the rent would need to pay income tax on the rental income. Is it a...