I use a property manager for an out of state rental property.  Last year we kept most of a security deposit for repairs after the tenant moved out.  We also received some payments from the new tenants for utilities pa...

Hey Y'all - Long time BP lurker, minimal poster.  I purchased a couple of SFR properties in Metro Atlanta in 2022 with a partner and had a couple questions regarding the tax preparation for them.  In the first scenari...

Hello Tampa!My name is Siki Landup, originally from St.Louis I just recently moved to Tampa. I would love to further educate myself on real estate and take action through wholesaling. I am highly motivated and open to...

Hello BP!I'm a new investor from Bergen County NJ. For my first transaction as a Real Estate Inventor, I have chosen to house hack and was wondering if anyone would mind sharing their successful experience house hack...

Suppose I buy a painting and use it in staging of a property that I am selling (that is, I am not the realtor selling, it's my property). Then it looks like the cost of the painting can be deducted as an expense for t...

Hi everyone, I bought a property 5 month ago in Pennsylvania, the property came with a tenant paying under market value rent (actual rent: $550, market rent $1200). Besides the low rent she pays she is very demanding,...

Good day, I bought my first 2 properties in 2024. I purchased then started the remodel before trying to rent. One was completed and rented in OCT, the other I am not done with and will be in service Feb 2025.  I under...

I own a condo hotel in FL and the developer/owner of the building is creating issues w self rentals / self management (i.e. Owners not in the hotel program but use Airbnb and similar)The developer is segregating  clea...

Good Afternoon,

My wife and I are first time home buyers looking to purchase our home within the next year. My credit score is 690 and her's is 684.

At the moment, I'm the only one working while she stays home wit...

Hello All - I have a question regarding property management.We just recently purchased a triplex and the agreement reads that the PM fee is "(b) A fee equal to TEN percent ( 10 %) of gross rental income received on a...