Hey everyone,

I’m really happy I found the BP community and have now listened to most of the podcasts and attended my first REIA meeting this week. I’m hoping to ride that wave and really get going on investing.
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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...

I have heard you can accomplish this with a Trust. But how do you make a trust? Now considering I get an REO under contract and plan on wholesaling it and at what point of the transaction do you make it? Before lockin...

I may be the only one with these property management issues but it seems to be a recurring theme.

I've owned 4 rental units in a particular farm area. Almost without fail every single property management company I've...

http://www.deseretnews.com/article/705340463/Stimulus-jobs-overstated-by-thousands.html?pg=2

This shouldn't come as a surprise, but new facts show more misrepresentations from the current administration. This is hard...

Hello everybody,
Our tenants all of a sudden decided that the house they rent from us and loved, is no good for them anymore, and after sharing with us that the floor (laminate) is still "bubbling" (after we fixed it...

First, a little about me. My wife and I have had a few really good years with our business so I took the profits and spent the last year building a small portfolio of 21 units in Columbus and Newark, OH. We have quite...

Hi Everyone - I have 3 STRs and have gotten very serious with looking at the full financial picture on them now that we have a CPA. We just bought the last two in the last 6 months, but have had our first for almost 5...

Hello BP community! We’ve followed BiggerPockets for years and a few months ago I posted in the success story forum on how my husband and I went from complete real estate failure and debt to coming back and buying a $...

So I was advertising my mothers upstairs appartment out of Buffalo New York, ( The appartment is not section 8 approved) this is my first time renting out a space and I assumed you had to be approved to take section 8...