Hi BP community! I just talked to a financial planner/CPA and she said that depreciation of a rental property can not be written off as a deduction if your household income exceeds 150K. I could not find any proof of ...
Hoping to get some thoughts from the investor community. I purchased a remote property with a cabin last year at auction in San Diego, California. It was very cheap but had some known issues. My intention was, and s...
I have a late paying renter in a turnkey property in Memphis,TN. The management company is accepting partial rent payments from the tenant. I know in California if a landlord accepts partial rent, that may have a...
Background & Context
Today's New York Times reports on a new publication, Appraised. The publication argues, based on recently released appraisal data-sets, that current day appraisal processes bake the results...
I found a Tiny Home on 0.5 acres in Hawaiian Paradise Park, On a Big Island. BUT!!! - Structure is not permitted. Should I get invested or that's a red flag? Also, getting a permit for short-term rentals in Hawaii is...
I'm looking for information about the rules and laws around the foreclosure statute of limitations in Florida. Are there such a thing? From my understanding if you are in foreclosure for over 5 years and still in the ...
Hello bp community. I've Been reading the forums and listening to the podcasts for awhile now. But I could really use some advice.So I purchased my second rental two years ago, it was a Fannie Mae(homepath) property. ...
We have to be at a top.1. What's the biggest forum? New member intros.2. What direction can interest rates go? Only one, and when rates go up, building values go down.3. Ben wants out.I rest my case.;-)
Hello,I need your feedback please. The prospect tenant is a single mom living with 2 teenagers. She is working and taking master degree as well. I just use the recommended link to run her credit score check. The resul...
Hello community,I have been debating whether switching to gas water heater makes sense over swapping the old tank WH with a new one? Tankless WH cost has dropped significantly, they tend to last longer and are less p...