I'm thinking about creating a trust to place investment properties in. Besides, my personal property, I currently own 1 investment property and working on acquiring a duplex before November. I'm considering creating a...

Hello,My name is Tyler and I am from so cal, specifically Orange County.  I am new to this site and have heard a lot of good things.  My wife and I purchased our home in November of 2013, we are both teachers.  I am l...

Hi everyone. We are in the process of negotiating on a small park. The problem I’m having is determining what an accurate value is. The park has 8 total pads. Currently there is 5 poh, 1 tenant owned home, and the...

Hey guys!
I am out of state, so what insurance coverages would be recommended for house in Texas (Keller, Fort Worth).
Also, would you have a recommendation for an insurance company to call?
Thank you!

My tenant moved out of a Florida property and left some personal property (potted plants, etc).  They want to come by and pick them up.  I gave them a date and time, but they have not agreed yet.  If they don't come t...

Hello BP community, thanks everyone in advance for your help, recently sold my personal property and was able to gain a profit of about 53k which I am planning to use as a down payment for my first rental property. I ...

When you are demoing or renovating a building where you tear out HVAC units, lighting, and other components, these assets are considered retired or abandoned from the building. Therefore, the book value of these asset...

Hello! So I have a few questions for the BP community. I am currently trying to learn more about depreciation. Is the speed at which the property depreciates faster for larger properties? Is the standard 27.5 years re...

Did you know that you can claim up to 100% bonus depreciation for certain properties purchased in 2020?
If you’re not familiar with this tax savings strategy, bonus depreciation is a form of accelerated depreciation ...

Any recommendations for a few good renters insurance companies? I have properties in Alabama and was curious.Also, what minimum coverage requirements are typical these days? Thanks in advance!