Dear BP

I'm a newbie looking to buy my first investment property. Recently I've found some great homes that appear to be in good shape functionally (newer HVAC and solid roof /structure) but don't have the aesthetic ...

We live out in the country and used to have a cat that "took care" of any rodent problem that a "country liver" may have. However, when our cat was no longer with us and our property was not lived in for a while, we ...

I'm selling my lot at a huge loss but can I also take my years of property taxes and HOA dues, mello Roos fees, architectural plans etc. etc. etc. ? I have a large gain on a condo against which the losses would be useful

In the end, I'd certainly get qualified legal/tax advice, but I'm looking for some more initial information here. If my wife and I sell an investment property (held in our names) and do a 1031 Tenants in Common exchan...

Hi BP folks,

I am planning to transfer part of the ownership of a rental property in SC under my parent's name, so that they could live there and be able to claim it as their primary residence. My question is, if th...

This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...

I've read other threads on BP about mold, but as you know different regions of the country tend to experience mold in different forms and fashions. Here in the south, we have lots of crawl spaces that are very hum...

With regard to short term rental mortgages how does the lender look at the borrowers Debt to Income? I know with long term rentals you can show the leases and that will offset the DTI. But with STRs how do they look a...

I have received 1099 from the county for the rent subsidies I received in 2020 thru the Cares Act. How will this money be taxed and why should I receive the 1099 and not the tenant. I understand the money was paid d...

Disclaimer: I am going to run this by my accountant this week as well. At the beginning of 2020 I had three properties that I owned 50/50 with a partner. Midway through the year, my partner and I transferred the prope...