Ok, I have read all the IRS publications and seen many forum answers on this basic subject and I THINK I now have an answer from IRS publication 523 but would like confirmation if possible as I think I have a quite ra...
Is it impossible and illegal to profit from Airbnb without owning the property? I got an invite to a webinar that talks about how to make a lot of money with Airbnb without owning YOUR own property, but I did not atte...
Greetings fellow BP friends. I have a few quick questions for any of you familiar with renting/landlording in Provo City, specifically relating to their rules on "accessory apartments." I went under contract this Satu...
Hello! I have a SFR just off Mopac in North Austin. It is rented out and managed by a property management company since I live out-of-state. Purchased in 2014, the property has appreciated by 25%, so the property t...
I have a tenant has allergy problems. He moved in a week ago and immediately after moving in he complained about not being able to breathe because "the air ducts needed to be cleaned". After running the HVAC for a ...
Like many of you, I am use to potential tenants telling me the rent is high and trying to negotiate it down - with many of our international students, this exchange is just part of the process as culturally you haggle...
I understand that once an investor has 4-5 mortgages, conventional financing can become a challenge.Is this the reason why certain investors, who are successful in their own right, seek partners—i.e., they need a part...
I'm 33 years old in Orlando, Florida area. We are currently three weeks away from closing on a new house that we are building. We got underwater on our current home by buying at the wrong time, but we did refinance a ...
BP Nation... I'm looking for your opinions and experience with managing 15+ unit Apartment complexes. As a property manager I manage up to 15 unit properties now and kind of drew the line right there because I felt an...
Hello BP,We recently purchased a Triplex (1BR, 2BR, 3BR) in Vermont. The house has 3 showers, and 6 sinks. The house was definitely owned by people taking shortcuts, and one major issue is a 35gal propane water heater...