Hi guys, newbie here.
I purchased a rental property in April; because it took a few months to complete all repairs it wasn't available for renting until September.
Here are my questions:
1. Can I deduct mortgage in...
Good afternoon all!Is there a property manager or agent that I can connect with in the Hershey, PA area. I’m looking to find more information on the area.
Hello BP community. I have a SFR in North Carolina with a deck on the back of the home that is need of some serious repair. I built this deck myself with treated wood from HD. The deck is approximately 19’X20’ (16" on...
Hi All!We are in the process of building an ADU at our primary residence. In our area in San Diego, it seems like there are ADUs popping up all over the place! However, there are no comps in our area to help gauge the...
Smoking inside of a home is one of the more expensive types of damage to remedy. Sometimes it can take ripping out all flooring, trim, and fixtures, and adding layers of paint everywhere to block out the odor. Most le...
Hi there. I'm purchasing a 4-unit property to redevelop with a bridge loan for pre-development and then will be getting a construction loan after we're permitted by the city to redevelop a new 10-unit in it's place.I...
my tenant is asking for a discount on rent. we bought the house and it had many hidden problems. I have addressed ALL of the issues. she was inconvenienced but the workers said it wa ls NOT uninhabitable. there was 1...
Have you ever heard, "An appeaser is one who feeds a crocodile hoping it will eat them last." by Winston Churchill? Landlord-ship can be a dangerous jungle and an experienced property manager can help you make it out ...
I have a 2b 1b house in bellflower CA. I extended it to a 3b 2b and built a 3b 2b ADU behind it. Now I own a 3b 2b house with an ADU that has 3b 2b. I’m refinancing the house now and my appraiser used comps of a SFH w...
Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...