Michael King
New rental property - claim blinds & fans on tax?
Hi there BP, newbie here with my first post. A little about myself: my wife and I fell into being landlords. In 2016 we moved interstate from TX to MO. My wife was not with me when I bought a 1600sf new build house, a...
Account Closed
Do we really get tax benefit for rental property?
Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...
Brady Potts
Out of State BRRRR - Hope Mills, NC
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $45,000
Cash invested: $34,728
3 bed 1 bath, 900 sqft SFH BRRRR. Complete gut-job, including all capx items.
Nina Ning
Tenants took our Fridge and Furniture when they moved out.
This is the tenants didn't pay April rent and we sent them 3 day notice. They moved out on 4/30. This was rented out as furnished house with fridge and furniture. When we came in after they moved out, we noticed they ...
Michael V Akbar
Dumbest question on how to make an offer on a commercial property
Only a real newbie can come up with this question; So you've been evaluating and analyzing a commercial property, how do you put your offer together? I know that on the residential side the process is pretty structu...
Luke H.
Questions a out moveout charges, (do/how) you respond to ex-tenants?
Hi all, hope all is well. 20 days after move out accounting letter sent, ex-tenant sent email asking about the charges on the move out. He thinks the charges are too high, that he wasn't responsible for some items, ...
Eric M.
How accurate do you think your ARV's are?
Typically, by the time my flips are on the market, I am completely over it and ready to move on to whatever is next, so I never did much retrospective analysis. I know how much I made and generally what went wrong and...
Jonathan Baptiste
How to stock your airbnb best practices
I recently converted my home into a STR. I wanted to stock it with nice to haves like laundry detergent, drying sheets, shampoo, body wash, conditioner, scent oils for a diffuser etc. So far I have been providing a fi...
Nathan Cross
Trying to make daily strides to my end goal
Close to completion on my second flip in the Fayetteville NC area. Of course passed the timeline set by the GC and well over the budget as planned. Today was one of those days, dropped by in the morning and not much g...
Juan Ayala
Landlord Headaches w/ Los Angeles Tenants
BP Fam,So recently i had some tenants who moved out a month before there lease ended and came give me no notice. I found out because the downstairs tenants of mine complained that they heard running water all througho...