So I just purchased my third rental property.  My first two properties still have their first tenants.  One has been there for 2 years and has already told me they would like to stay a third, and the other tenant has ...

Hi All,We are considering the move away from W2 and were looking for some advice on this transition. Curious what others decided on for their health coverage and any hurdles (pre & post) they may of went through t...

How do you all set up bank accounts for rental properties?  I am a new investor here in San Antonio. Own a duplex and a triplex. Bought both of these within the last 6 months. I am working on organizing the rents and ...

Hello BP,

I'm looking for some clarity regarding my numbers on a rental I have:
House was purchased for 30k
Monthly gross rent from section 8 is $750
Mortgage is $365

Rentals that are in my name only, Schedule E deductions are pretty straight forward. Here is a more unclear scenario in a family partnership:Rental property investment loan purchased with the mortgage in fathers name....

Hey All - I am officially brand new to being a landlord. As of this past weekend, I had my first tenant move in. Being my first rental, I've utilized a local PM company that has pretty reasonable rates, and they got m...

Hello all! I am very new to BP as this is my first post, but I am certainly looking for some advise. We are currently looking to invest in a Vacation Rental w/ a peak season of 8 weeks (currently all booked) and 2 add...

Hello BP, Things are moving very fast for me and I need some input. I just acquired my first duplex and was given the security deposit for the one tenant that currently is there. I have four other multifamily units th...

I don't ask much here (and I assume the few times I do, start with this statement) but I'm curious:   For those of you that have closed out the books on a property that had a prepayment penalty, how did you do the acc...

Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...