Not sure if this is legal.  I don't want to do anything illegal.  I am just proposing a hypothetical and am wondering what people think.My parents own a house in Ohio that they paid 230k for.  They moved to Florida a ...

Hi folks,I'm close to getting my first MHP under contract and am trying to understand whether my project will have some of the tax advantages that park owners enjoy due to the 15  yr depreciation schedule on certain i...

Is it possible to take depreciation on a residence purchased 30 years ago but converted to rental property over 28 years later?

Hello everyone, I am currently house hacking and have a tenant that I have in a medium term rental and they are staying for an undetermined amount of time.  I currently have they on a month to month lease and they hav...

I need to ask a tenant to leave and give him 30 days written notice. I was wondering if anyone has a good letter template to use. I want to be professional but not rude. This particular tenant is on a month to month b...

Business Travel Basics
A business trip is an opportunity to do productive business while earning substantial deductions. But it's important to know the rules and limitations of deductions for business trips; i.e. w...

Hi,I'm the owner of a 4br/2.5ba two story single family house that will be available for rent and since I'm moving to a different state I'm looking for a Property Manager or any recommendations. The property will be a...

I have been doing some reading on the forum and have seen some close matches to my issue but am hoping for some help understanding our situation.

First off my son purchased a rental property with a mortgage in his n...

I have a lease ending (first one) and have already had a discussion with the tenant about options. He is going to go month to month and the rent will increase approx 3%. The original lease has language about the lease...

Hi All, 
I have received a lot of help over the years from the BP community on buying/investing and now im looking for advice on selling. I am looking to offload one of my properties a 2 family duplex in Greenville, ...