Joe Doman
Replaced carpet, how to report on taxes
For new carpet installed in rental, should I report as expense or capital improvement and depreciate when preparing taxes? I've read there can be an argument for either. Of course i would like to expense it but I don'...
Alexis Fentress
The First Step Towards Financial Freedom
Investment Info:
Single-family residence buy & hold investment in Hardinsburg.
Purchase price: $45,000
Cash invested: $15,000
This was my first real estate purchase. My mom found it while she was...
Alexis Fentress
My Very First Investment
Investment Info:
Single-family residence buy & hold investment in Hardinsburg.
Purchase price: $45,000
Cash invested: $15,000
This was my first real estate purchase. My mom found it while she was...
Jonathan Greene
What's your ONE Thing for the first week of 2022 as an investor?
If you've read The ONE Thing by Gary Keller and Jay Papasan, its main question for you is "What's the ONE Thing you can do such that by doing it everything else will be easier or unnecessary?" We use this every week, ...
Kyle R.
Account setup once you have more than 1 STR
Hi Everyone
We’ve had a beach house STR for the past 2 seasons and are doing really well.
When I was setting up my first listing I created a gmail account with a specific name and used that email for my VRBO &a...
Travelle Mason
How useful/necessary is hiring a consulting firm on your team?
I am considering enrolling the help of a consulting firm that provides quite a few services that appear to be beneficial for first timers. My questions; How necessary is this? Would it help mitigate some risks? Has a...
Lesley Resnick
Betty and Bob Badass - Cut it out
Cut the crap.Every few months there seems to a wave of just nastiness to others on the site. Betty and Bob badass have come out to play. I am here to make some money and learn. If you are looking for the MMA forum ...
Bryan Hasley
LLC help for healthcare business and properties
Hello BP community!Long time listener, first time caller. Here's the skinny:My brother and I own a restaurant. He handles the operations and I handle the capital. Simultaneously, I'm going to be starting another busin...
Tamara Shipp
Need advice on tapping equity in primary residence
So, primary residence. We owe about 175. Zillow says it's worth about 265. Quick searches of recently sold props in our neighborhood say the Zestimate is, if anything, on the low side.We want to invest in a seasonal r...
Anthony Ervin
Seeking Information on Loan Products for Paying Off Parents' Mortgage
I am reaching out to you to seek information about which type of loan product to pursue. My brother and I are looking to help our parents pay off their mortgage so that they can retire without worrying about mortgage ...