In 2012 I acquired three rental properties. I know that the fix up costs to get them to rent ready are capitalized. What about utility expenses, insurance, and property taxes I paid after closing? Are they also cap...

I purchased my first duplex, out of state, over the summer and am now preparing to do my rental property taxes for the first time and have a few questions on deductions.Is the home inspection deductible?I initially ha...

After fighting a privately owned utility for 4 years, having condemnation filed against me, and countless other acts of harassment etc... I settled with the utility.  The land taken is a 50 foot wide NG easement acros...

I recently sold a property, but I still receive notices for paying property taxes and utilities. How should I go about addressing this? It should be the new owner's responsibility now, but it doesn't seem like these h...

Hey guys, just bought my first home in May of last year. Have got it rented out and living in it with positive cash flow. I'm looking to buy another house ASAP.

My question is how to minimize my taxable income this...

Hey BP!In doing research on a lead, I was able to find that the property owner has a little over $7k in back taxes according to the tax revenue site.I also was able to check other public court records by the owners na...

Hi all,

I am renting out two rooms in my home and wondering how to split the utilities. The easiest way seems to be a flat $100 fee for both tenants per month. The other way, would be to split the utilities...

Hi!  Anyone have advice on general rules of thumb or ways to estimate operating cost for a short term rental new construction? I need to figure out a base operating cost so I can consider this when I assess land purch...

Hi BP Calgary Community,
I live in Calgary and am looking getting into property investment. I am looking to invest about $100,000 on a down payment for a long term rental, but running the numbers on a few different p...

Hello BP Community,So I have a lead from my direct mail campaign, and the owner is older and seems as if he does not have that much longer to live. I have been talking with his daughter, and she is helping him out, bu...