If a renter does some repairs or maintenance for you, can you deduct it from their rent on the books? Is this okay to do? Or, do you have to make them pay full rent and then pay them and 1099 them (assuming it is over...

Hello BP Members,Hopefully I can resolve my issue in a passive matter. My partner and I have a property we purchase one year ago. It's a multi family with 3 apartments and 2 commercial. We have not been on the same pa...

Hey guys! Since I was a little kid my parents have been flipping houses on the side and some of my earliest memories consist of sitting on the floor of some random house while my parents painted the walls. I recently ...

So, you've snagged that coveted real estate professional status, but what's next? Well, it's not all smooth sailing from here – you've got some hoops to jump through to maintain that status. Let's break it down:
Firs...

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'm working on getting my first property ready for rent in west Cleveland, and I'm wondering how to handle the water bill. I know in some cities it's paid by the tenant but in others it's paid by the landlord. How is ...

Description:-

Tenant was on a 20 month lease (Oct '23 - June '25) on a single family home/Texas. He "talked about" the possibility of an early lease termination 6 months into his lease Apr '24 due to a new high pa...

Has anyone had any experience with changing the mailing address of a water bill for your rental property in Baltimore County? The bill is going to my rental property so I am not there to retrieve it and my property ma...

Hello Everyone,

Has anybody used PACE financing program (such as YgreneWorks) to rehab the property and then sell? I was given a suggestion by a contractor to use that to change the damaged roof in one of my flip pro...

So I was thinking, does anyone know if there is a contractor that works with investors that would be willing to receive payments after the rehab is completed through escrow or in the case of buy and hold receive payme...