Paperwork paperwork paperwork for all transactions you’re claiming under your business(s).
I know it’s a pain but it’s super necessary and will make your accounting team very happy.
You’ll thank yourself if you h...

One of my first mistakes in the process of learning about banks/financing and getting mortgages was the whole concept of shopping around.  I think I was nervous about the 'dautning' task of getting financing, and when...

Your friendly neighborhood reminder to not wait until the end of the year to address your books. Do yourself a favor! If you haven't already done so, go ahead and get them cleaned up to a state to where you can use ...

I recently closed on 4 SFH's in KCK in a C- to B- neighborhood. As of last week they're all rented for the next year. I'm big on limiting the room for people to give an excuse about XY or Z of why they're late or unab...

One of my tenants recently told me that a dark spot appeared to be growing each day during the rain, until they woke up with water leaking onto their bed..

As I was contemplating how many days it had been get...

I have alluded in other threads on BP the past few weeks that we are saying Good Bye to long term tenants we inherited with a property bought two years ago.   We served them with a month ago with a notice of terminati...

http://www.businessinsider.com/josh-altman-learned...The Altman brothers bought properties they couldn't afford but were making big money on, rolling the proceeds into bigger and bigger properties...until the market t...

Just a reminder that our next Worcester event is this Tuesday 9/17, you can read the original post here.

This is part I of "Estimating your Rehab in 20 Minutes" and includes Exterior and Mechanical Systems.

In a recent Langston decision (T.C. Memo 2019-19), the court sided with the IRS in deciding that the taxpayer did NOT actually convert their house from personal residence to a rental property. No losses allowed as a r...

If you are a new investor, make certain that you have a commercial policy specifically for overnight rentals.  A standard landlord policy, or homeowners policy, will likely not cover you if you have a claim.
Claims d...