Ken Virzi
Not being able to count rents as income is killing me
My tax guy is good, so he shows my rentals as taking losses with depreciation etc and as a result when I go to get more loans, I cannot count my rental income. Since banks will look at my mortgages but cannot count a...
Adam Christopher Zaleski
Penalty for Unapproved Dog?
I am trying to figure out the best way to handle an unapproved pet. I actually allow 2 dogs for a single family home rental (3 bed/2 bath). A total of 3 college students live at the house. I have a $200 pet fee and $2...
Gabriel Medina
Claiming Depreciation for the past 5 Years of ownership.
Hello All, Please excuse my ignorance but here my situation. I've owned a duplex for 5 years but have only recently started learning about what it means to be a real estate investor. In years past I have filed my own...
Allison Meggison
I met with a seller today & we were able to come to an agreement
Without a contract should I show the property to others? The house is real old, built in 1891 and needs a TON of work. The seller just wants it off his hands because he doesn't have time for it. How do I go about gett...
Amanda Cribbs
New but very motivated!
Hi BP community!
I currently live in Tampa and now have the ability to work one day a week in order to focus my time researching and learning about realty investing as I plan to make this my new career. Looking to n...
Adrien Veres
I'm afraid to invest...
Hi, i'd like to present myself, my name is Adrien, i have dual citizenship ( French & American).I've lived in France almost my entire life and settled to the US a bit more than two years ago to see how life goes h...
Ryan Knapp
Looking for Cost Segregation Study insight
A key component of my real estate strategy involved cost seg studies, claiming REPs and accelerated depreciation to shelter a large amount of active income. However, I've been speaking with a couple companies and gett...
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First Investment - Seeking Experienced Advice
My business partner and I have been working for 3 years saving up money to make our first down payment on a Real Estate Investment. I have been working as an electrician and my partner has been working construction. ...
Luna B.
Postponing rent collection to lower taxes
I need to lower my rental income for this year due to some other income coming in.I know I can prepay certain expenses at the end of the year since I do cash based accounting. Now I am wondering if would work to have ...
Jim K.
Looking for a snappy name for a real estate LLC
Hello, friends.I want something as pompous as possible, something that will just clutch at the heartstrings of every status-seeking, jumped-up piece of white Pittsburgh-area trash. Something easy to write on a check.M...