Can you deduct operating expenses from acquisition fee received? Let's say you received $30,000 in acquisition fees, the first year operating expenses of the property is $45,000. Can you deduct all of that? Or do you ...

Cost segregation is an amazing tax savings tool. Many know the standard benefits such as accelerated depreciation and bonus depreciation. But did you know that there are multiple other added tax benefits of a cost seg...

I have not purchased my condo yet for my first rental property, but I have a question about setting up a business account both checking and saving. I am planning to start a business account with my credit union and la...

Soon I will have listed my duplex for sale in Boston Mass.  House is valued at $650K and when all is said and done will walk away with $600K in cash after closing.  I want to buy another multi-family closer to where I...

Hey BP Community! A 10+ unit multifamily deal I'm underwriting in NJ is in a location bound by local rent control laws. The rents vary amongst the units and are under-market so I would want to increase them. What is t...

Hi all,I'm purchasing an investment property next month (December) (2 units). I want to maximize my tax savings when I file my taxes next April, so I was wondering what I should do til the end of 2022 to maximize my t...

Apologies if this is redundant. I tried to find an answer posted already but didn't see one.Do you install tub/shower doors or just go with rods/curtains?I don't mind installing a shower door for a bathroom remodel, b...

We recently had several Menards home improvement stores open in my area and they are awesome! I tend to get business items there for about the same price as anywhere else, but if you time their ads, they send you reba...

I am currently looking for a bank that will loan less than 25% down for multifamily units. We plan to buy a 4plex in the Atlanta area and live in it. The loan would be a First time home owners loan and I would like to...

Hi Fellow investors, i recently took over a 27 unit complex and it came with two pools - overkill for apartment of this size. Now, I figured it is very expensive to maintain swimming pool in apartment complex in Calif...