I'm looking for some help in evaluating a deal on a small boat storage at a popular lake, located in very close proximity to the marina and boat ramp.
As you'll soon discover in my meanderings on the subject, I'm ver...

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My name is Travis. I'm 29, and I've never owned a house before. I'm looking to buy a house in Raleigh, North Carolina, and I wanted to figure out all the monthly exp...

Hello everyone! Question regarding my first rental property and taxes. I purchased my first rental property (4plex) back in July that’s taken a lot of expenses; down payment, inspection, repairs, rehabs, etc. From my ...

I have my rental's reserves sitting in my business account earning nothing.  I have my personal finance reserves over at Ally earning 1.65%.  Nothing crazy, but still it's something.  I cannot open an account under my...

I own a SFR in my individual name used for rental purposes.  I'd like to sell it and work with a QI to use the funds to construct a new SFR to be rental.  Has anyone here done this before and if so, what was your expe...

Hello BP,I have a SEC 8 tenant that resides in the unit for 6 years.  This unit failed inspection this year due to tenant's damages to the property.  Tenant said that she doesn't have money to repair. The lease will b...

What are the general tests for material participation? This question comes up all the time. As tax professionals, we want to get the word out for those considering a real estate professional designation.

Ok. Here we ...

I had a recent experience with Alpha Property Management LLC, owned by Justin Banks. Justin Banks was previously working for Evernest Property Management, a company known for its unprofessionalism and lack of integrit...

Good Afternoon BP community, Hope all is well, I'm closing on a property with an inherited tenant whose also in the process of purchasing a home. During the closing process I found out the tenant has not paid rent sin...

Awhile back I posted about a tenant I have that has requested to make a tenant requested improvememt to my property. Long story but to make it short, tenant has agreed to pay approximately $8400 to improve the shower ...