I'm working a rehab. I have a rehab loan -- so the mortgage is for the house + approx. $24K in rehab money.

For my accounting - how do I account for repairs being paid for? I'm writing the check and getting the r...

I have a 3BD with great tenants that have lived there for the last three years.  They wanted to stay past the original lease-end date of 6/30/24 through end of summer, so I told them they could go month-to-month throu...

We should make a separate account for the rental business but is it also recommended to get a separate credit card as well?If so any benefit of a business card over a personal card?If so what kind of payments would yo...

Hello and good day BP family I hope you are having a great start to your day!As the year is coming to an end I am looking at some maintenance projects that I would like to do on our investment properties.-Are there an...

My question is I have a property that I am repairing and renovating to become a future rental within the next year or so. I think that I should be able to write off the expense of renovating, as it will become a renta...

So, last year I purchased a course/package from Elite Legacy Education. It’s tax time and I wanted to know does anyone know if there’s an advantage to receive a greater return. You know receive at least some of what I...

Is there a limit on the amount of expences a landlord can deduct from taxes per year? Such as replacing things that are coming up due, such as floors, siding, and windows?

Here's my question......I just got a roommate. He pays $425 plus half the utilities. He rents 2 bedrooms from me and a garage space in my single family home (4 bed/ 2bath). My question is on the best tax strategy for ...

New to BP, but I have a few properties and done a little rehabbing in the past. About to start my first direct mail campaign, would like any opinions on it. I intend to send to a list of properties behind on property ...

Does everyone know about cost segregation?
Thank almost hired a company at a cost of $4k, to do a cost seg study to offset my taxes. Then a cpa told me that that’s not necessary if I bought the property the same year...