What would you do to help reducing your taxes with your rental property income ? we have more income from our rental homes this year which is a good thing but other hand we will pay more taxes next year. Any thought. ?

Hello! I am currently managing two high-end properties in Columbus, Ohio. Unfortunately at one of my properties the dishwasher completely stopped working within days of a new tenants arrival. Since this is my first ti...

I'm currently selling a property that I hold a 50% equity stake in. This property is titled using an LLC. It is currently for sale and I would like to use the proceeds to purchase more property.

Question is as follo...

This is my first major repair request as a new landlady. I received this question from my property manager: "We sent someone out and it can not be repaired. I am sorry to have to tell you this news. Do we have your ap...

I’m currently in the process of buying a duplex in Hubert, North Carolina. I’ll be living in one half and renting out the other. I called USAA thinking I’d get a good deal but turns out I’ll be paying around 2500/year...

Hey BP,  I'm in the process of rehabbing a rental and wondered what flooring was best for  low income rentals. In my area 3/1 rents for $600-665. The unit had carpet in it previously but I'm going for something more d...

Hi All,

It's been a bit since I've been here. Glad to be back. I have a question for you all. We are looking at a 3/1 that is 1070 sq ft and in a nice area. The house overall is in very nice shape and you can tell t...

Writing for some clarification on how the 1031 actually works — plan to use it for the first time in the coming weeks. Let’s say I’m selling a property for $200k, with roughly half as proceeds and the other half going...

Hi BP,I need to replace 3 water heaters in my building and considering wether I should rent or buy new ones. On one side, I could buy and instal new ones ; in terms of cost it's gonna be a 1 time expense and if anythi...

Does anyone have a good recommendation for a window replacement company in the Twin Cities, MN, area? There are obviously always ads/solicitations from different companies, especially the "big name" companies, but I'd...