Curious how people replace their income…seems like $100-$250/door is good/average from what I’ve been reading. I’m having a hard time finding $200/door +/- but using $200/door to make an average income of $48k/yr you ...
I had several rental properties that had accumulated passive losses. I started a LLC with my wife (2010) but those previous losses were not carried over at the start of the LLC. My accountant at the time said they can...
BP Community, we did it! My fiancé and I just closed on our first 3-unit multi in Southern Maine and are so excited to finally be off the sidelines, out of my parents basement, and in the game!The property is currentl...
I had a brand new garbage disposal installed in my rental property 2-3 years ago. I recently had a mid term renter call me last month to tell me that it was broken. When he moved in, I gave him written instructions ...
I live in Long Beach, California. I just purchased a single-family home that also has an accessory dwelling unit. I am living in the accessory dwelling unit  portion of the home and renting out the single family home...
Hi all,
I just took over managing a ten-unit apartment that my family. There was a manager in the past but she let a lot of things slide and I don't think was very effective. Now I want to figure out how and best t...
Hello BP,
I’m curious of your thoughts on the following buy and hold acquisition strategy.
Direct mail campaign targeted towards owner occupied SFH with owners over the age of 60 with 50%+ equity. With the following...
When rehabilitating or investing in the rehabilitation of an eligible historic or non-historic building, you may be able to take advantage of one or both of the historic tax credits: 1) Historic Tax Incentives and 2) ...
Here's my situation: I accumulated credit card debt to finance my last property rehab, which is now rented and generating income. However, I'm burdened with credit card debt, a HELOC, and a personal loan. Despite hold...
When talking about cost segregation studies, a common confusion is the difference between reclassification and bonus depreciation and the role that each of them plays in terms of taxes. Let’s dive in.
Reclassificat...