Good Afternoon,I have seen a lot of people need a property manager lately and I am thinking about starting my own company to do it. I have managed a property for someone that lived in Connecticut before. I didn't have...

Hello BP community,
I recently closed on a duplex, and I am seeking the opinion of the BP community regarding my situation. The duplex I purchased has three tenants, one of whom is using it for storage.
While I have...

Hey I'm trying to figure out PM software to go with --Appfolio, Buildium or Rentec. I've read a lot of posts from people saying why one is better than the other based on price, features.  What seems to be good for se...

Hey all, wondering what the best business or personal credit card would be for STR. I saw Lowe's gives 3% cash back on their purchases,  I already have an Amazon card with 5% back on amazon stuff, wondering if there's...

Getting ready to start up a STR using a property inherited by my wife.  We have an LLC which we operate as an S-Corp for our real estate business, but want to keep this venture separate from our brokerage business.  S...

Hi - when do most folks hire a CPA?  Before the first purchase, after...after several investments?Also if you are an out of state investor, do you pick a CPA in your home.state?  Does it matter much?  I don't expect o...

Hi all,So I am starting an LLC with two partners for rental property purposes and feel like I am over thinking the structure.We will be investing in Connecticut and Pennsylvania my first thought is to use the parent-s...

Im trying to breakdown some minor details of what exactly qualifies for REPS hours. I've received mixed answers1) 500 hour material participation--- Does travel to and from the property count? We live out of state and...

Hello, what are the biggest adjustments you had to make to your business when reaching 20 SFR? I am currently at 9 units and usually add 1 property at a time. I am hoping to reach about 12 units in the next 6 months a...

Bear With Me...And Please Forgive My Tax Maze Ignorance

My understanding is that the basis of investments is stepped up at the death of individuals who execute transactions in a tax-efficient manner. For instance, t...