Hello everyone! Newbie here and preparing myself the best I can for my first property. Curious how you pay the mortgage and eviction expenses if you have a problem tenant? If there ever was a need to spend money for e...
What has been your experience hiring a CPA vs. using the top-tier tax software from the likes of TurboTax and H&R Block? Robert Leonard
While I was able to amass a good chunk of real estate over the last crisis and had some great successes from connections and learning on BP, I also had lots of challenges along the way! Not all peaches & cream &am...
We hired someone to paint our cabinets in our kitchen. They highly recommended we use Valspar Cabinet & Furniture Oil-Enriched Enamel. He said it wouldn’t leave brush strokes and it’s a great paint. The marketi...
I have old house rented out (built in 193) in the Seattle area. It had multiple layers of wallpaper in the first floor. Those are probably from 1970s. Very recently I put new wallpaper since the old wallpaper keep get...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Anchorage.
Purchase price: $547,500
Cash invested: $5,000
Beautifully well kept 4-plex with a large paved parking area. Tw...
I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...
There's not a lot of info out there on enrolled agents, but they are just as qualified as CPAs to do taxes. They must pass a 3 part test that is created by by the IRS. I've been thinking about getting my EA certificat...
One of the most common questions we get as property managers is how to handle issues that may arise with tenants. Whether it's a dispute over property damage, a security deposit, a lease violation, or something more...
So a friend and I are ready to buy some fix and flips together. Where can I find info on how we set this up and what we need to have in place regarding paperwork etc. Do we need to form an LLC together, should we open...