Hi folks,in 2018 I purchased and placed 3 short-term rentals into service -- my first year doing STR.  I have filed an extension on my taxes, but want to get them done sooner rather than later.  While I have kept good...

I bought my primary residence last year and was not able to take any deductions. My accountant says going for itemized deductions did not make sense in my case because I will get a higher deduction on standardized. I ...

Hey BP quick question,
When setting aside money for capital expenditures, how much would you vary based on age of certain expenditures? For example, a house that needs a roof in 10 years vs. 5 years and HVAC in 8 yea...

Hi All, I wanted to post this in case it's helpful to the community.  The idea is to have a shared Google Sheet on what items people use to restock their STR so that when it comes time to restock an item they can go t...

The company I work for has been designing homes for a developer who up until now has only done flips. Their first ground up home is complete and under contract (for asking price in 1 DOM, yay!). They asked me for...

President Trump held a cabinet meeting in the White House today where Dr. Ben Carson spoke on Opportunity Zones. Would someone expound further on federal actions? He mentioned grant preference points, loan qualificati...

I'm under contract to purchase my first property, a 4-plex multifamily here in Phoenix.  I'm submitting the BINSR tomorrow to the seller, and I was curious about strategies around what to ask for.  The property purcha...

I've a 4-plex in Oakland, CA and am planning to rent a vacant unit to a prospective Section 8 tenant. Are Section 8 follow-up inspections (that is, after the initial or first inspection) limited to the findings from t...

House is rented by 3 individuals. One left couple of months ago and replacement signed a new lease. Now they have reported to me that the refrigerator door is damaged. No one is taking responsibility as to what happen...

Starting to wholesale, but having an issue coming up with a rehab cost. What’s a formula y’all have to get realistic rehab cost?