I need/want a pickup truck and was wondering if I would be able to write it off as an expense for the rental property. I own a 2 family and would use it mostly for work around the house. I would like to mention I li...

Will soon be buying my first turnkey property (my first investment property period).  I understand that you should earmark a certain set percentage of rent per month to maintenance and vacancy reserves.  What do you a...

My lender sent me the itemized monthly mortgage payments I'll be making. Along with the principle and interest are two items I had questions about:1) Hazard Insurance - does this go away once I'm covered by my own lan...

Do you have to pay taxes on the money you reserve for cap ex, repairs, vacancy and property management (If you aren't using a property manager)?

Is anyone using Stessa and importing Airbnb transactions into Stessa? Works really well (I used the CSV option) - but the Stessa import tool does not bring in the GUEST SERVICE FEE from the Airbnb transaction. Any ide...

Per property how much are people currently paying per property for cost seg?  I heard its 5-10k per property.  

Comcast/Xfinity charges a lot more for an account in a business name vs a personal nameWhat do people do with a large STR portfolio in one city?  For example, 50 separate addresses in one city - do you create an accou...

I recently closed on my first house where I will rent out the spare rooms. As this is my first house, I’m using a first time home buyer loan which requires the house to be my primary residence for at least a year. I w...

My partner and I just formed our LLC as co-owners. We are trying to determine the best banking option for our business and have come across a lot of recommendations online to form capital accounts to help track each m...

I want to purchase a 5-unit property with a commercial loan.  I plan to borrow some funds towards the downpayment.  I was told that money needs to season for 60 days in my account before closing.  This money will be c...