I had an accountant prepare my taxes a few years ago and she depreciated some water heaters using a 15 year schedule. I followed suit and did the same thing when I did my taxes last year. Now I'm using TurboTax and it...

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*This link comes directly from our calculators, based on information input by the member who posted.Hi guys! Quick question. I use this BP calculator all the time and I analyze multiple d...

If I have a garage that has big cracks and there's a small corner of the garage floor that is not even with the rest, what's the best way on going forward fixing the problem?

It's not an immediate concern as it has b...

Hello all,I am interested in converting my corner lot duplex in to two SFH's in West San Jose.  Has anyone done this before?  I've seen people selling one house of the duplex in San Jose.  How can I do this? The duple...

I am interested in purchasing notes, however, have concerns about being able to accurately value the property attached to a given note- the collateral.  As a former real estate agent who has completed BPO's, I underst...

So here it goes, after years of talking about it and reading books and blog posts and talking to everyone I know who owns real estate. I'm finally ready to buy my first investment property. I have my eye on a property...

I'm struggling with finding good deals on small multi-family properties (3 or 4 units) in Cincinnati for buy-and-hold rentals, and I'm hoping you BP users have suggestions on where to look. I've looked on loopnet and ...

My friend runs a site called BudgetsAreSexy.com. He dabbled with real estate investing himself for a bit, and has now sold his rental and his primary residence and rents a property instead.While I don't agree with his...

Hello -So my monthly income vs. expense worksheet looks like this on a 6-unit rental property.    Income:         $8200 (full occupancy)Expenses:     $2910 (includes 10% for vacancy & 10% repairs, utilities, trash...

My crawlspace is constantly flooding from heavy rain. From what I've been told, the soil in the region (Kansas City) soaks up water, which is how its getting in crawl space. A foundation/water proofing guy told me the...