Would doing a house hack where only 2/3 of the monthly mortgage payment is covered be worth it? Mortgage payment being $1500 and it rents for $1000. I always hear of people getting their mortgage fully covered and liv...
Little about me , I’ve always had big dreams and I’m very ambitious when it comes to real estate . I have been working since I was 15 , I’m now in construction only because I just don’t know exactly what I should be d...
Hello everyone, I am new to the real estate world, and I was wondering if those who have done live-in flips do their numbers any differently for those versus a normal flip. For me, I feel that the numbers would differ...
Hey guys! I want to start by saying that I hope I posted this in the right area. Well here's what I have for ya:A buddy and I are looking to open the doors of our small business in spring/early summer of next year. Bo...
I'm growing my rental portfolio and I am a little confused about how to handle my taxes.
With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????
OR.
Can I put asi...
With RadioShack intending to close 1100 stores, I began to wonder about the leaseholders on the affected property. In my residential real estate business, I am allowed by law to withhold a "reasonable" amount from ...
Hi BP Team! I was chatting with a Tax Attorney this week and explaining my plans for beginning in real estate investment. He asked me if I plan to buy low end rentals with lower income tenants or mid or high end renta...
The time is well past due to get an inherited tenant out. I think I may have finally found a solution to get him out and avoid damage to my unit. I’m thinking on offering him 3 choices. I’m sure there are plenty that ...
Hi there - I am starting out in real estate investing and am trying to build a portfolio of rentals that can produce enough cash flow for me to eventually leave my job and make real estate my main job. I have been goi...
I found a new accountant to help with this year's taxes and unfortunately he doesn't appear to know a whole lot about rental property taxes. I picked up our completed taxes yesterday and fortunately I know enough abo...