Looking at an 8-unit and would love your feedback on where I may be over/under conservative. I have the inplace that the seller "shows" and then my assumptions for the current year. All units expect the last one are o...

Hello all.  I wanted to get feedback from those more experienced about a 4 plex that I visited on Friday here in central Indiana (about 40 miles south of Indy).  The house is listed with a realtor and is being sold by...

Hi Folks,How much did YOU pay your CPA for tax preparation and filing 2016 taxes?I just got my bill from my CPA for preparing my 2016 taxes - $4,200.   Feels steep to me.   I am filing in California and I bought one n...

I own a single-family home that I have been able to rent successfully over the past several years. The last tenants moved out in June 2008 after 4+ years. Since then the property has been vacant as I attempt to fi...

I just bought QuickBooks Pro 2017 and ran into a snag on the first page! I have three rentals at the moment and flipp for my day job. What industry should I pick? Should I set up two companies in quickbooks? Are there...

I have been approached by a Realtor whom I know fairly well asking for me to do a hard money loan for a client of hers.  Apparently the client is successful and fairly savvy.  He and his wife run some successful str's...

Would a duplex property for under $150,000 be a good deal or great deal???

New to bigger pockets and excited for 2020! I have family moving to St. Louis this summer and I was thinking about looking into a multifamily in the area. I’ve never been to St Louis and I don’t know the city at all. ...

Good afternoon, everyone I hope all is good. My wife and I need a bigger home and we have an opportunity that presented itself. A very good opportunity and it just makes sense to build a new home on this lot since our...

Can someone explain how that number is used?

The way it was worded:

Days rented at fair rental value _____ Days of personal use _____

seems to suggest it was intended to distribute between person...