Dear BP community,I am thinking to buy a fully occupied small multi-family house.How can I actually check if the tenants are paying their rents?Thank you all in advance,M.G.
Im about to buy a 2nd property with plans of expanding further. Im going to be setting up a business account to separate my personal expenses. If i were to buy a truck to help with the business im building but still u...
I sold an investment property in 2015. Maine withheld a 2.5% non-resident tax at closing. Can this expense be deducted / added to the cost basis?
Should a newbie, upgrade to the PRO account right away, what benefits would it be for me to go right to PRO. TIA-Maurice
Hello BP!Does anyone know what document I would use to sell my 100% interest in my LLC or Corp? AlsoCan my C-corp Own the LLC so that when I sell the LLC the check is made to my C-Corp? Thanks in Advance!
Hi, Purchased a foreclosed property, ready to rent n 10/15/07
I redid most things...
Here is how I planned on depreciating, but called IRS to ask a question, and they seemed to imply that all of these should be adde...
Hello Everyone,
I have read that some people copy a check to send in with their offer. Do listing agents or the bank call the buyer's bank to verify the amount on the check is in the account?
I was reading where a ...
Hello BP,If I take a HELOC on my personal residence, can the interest on this loan be tax deducted? The funds from the HELOC will be used to purchase additional investment properties.Thanks
Hello World,
I have been doing research on "cash" offers as an investor and the results I have came up with is a "cash" offer can be consider any funding that is or has the ability to be liquidated without continge...
can someone help me analyze this deal. This is my first true analysis that I have tried and I don't know if I am even close to having the numbers right.4 : 2 bedroom one bath units, one has been updated and read...