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Results (6807)
Eric Lowder Schedule E expenses for end of year purchase
7 February 2024 | 6 replies

Quick question about 2023 expenses.
We purhchased our first inventment property at the end of December 2023, but did not get it listed for rent until January.
We had some expenses associated the purchase in 2023 tha...

Andrew S. House hack/ live in flip tax optimization
4 December 2018 | 4 replies

Good morning BP,I'm currently living in a house hack duplex/ live in flip. I closed on the property 125k in August, put 10k to make my side 90% complete, then put 7k in the other half. I had my old roommates move in t...

Account Closed 20 Units financial Due Diligence question ($3m deal)
12 June 2018 | 13 replies

Hi all, I am in due diligence state for this deal (seller financing). The seller is an old guy who manages the property himself and does not use any software. He even mixed with personal bank account with all rent dep...

Brandon G. Note Question-Roth IRA Deal. Private, Non-Recourse Loan, California
12 January 2013 | 11 replies

Hello everyone. Has anyone bought a property with their Self Directed IRA, using private financing?
If so, where did you get the actual note? To clarify, I have the funding lined up but realize that I must obtain a N...

Cary Westerbeck Build 3 townhomes, keep 1 for primary residence
31 October 2018 | 11 replies

Hi there, newbie here with a question I haven't found in my searches on BP. I'm an architect, developer, and general contractor. I own a small lot free and clear in the downtown of our small city just outside Seattle,...

Devin Bost Emergency issues while remotely self-managing?
30 September 2024 | 12 replies

I'm trying to migrate from Evolve, and I'm wondering how those of you who self-manage remotely handle emergency issues. I'm concerned that if I place an ad to find people who will work on an hourly basis (in the area ...

Bruce Weyer Rental Property Accounting using Quickbooks Online
28 January 2019 | 19 replies

Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...

Berdine Ramos 1 years rent up front
6 November 2022 | 37 replies

We have a rental opening up Nov 1, and have one applicant with a credit score of 790 offering to pay the full years rent up front. Red flag?Thank You

Sandra Holt Cracked glass on electric stove
10 August 2015 | 12 replies

My tenant just texted me saying that the glass cracked on the stove in one of my properties from when she was cooking on medium to high heat. The stove is only five years old and I bought a good one. It seems to me th...

Wade Fiegl fire insurance claim and taxes
9 August 2013 | 12 replies

Here's my scenario: I had a primary residence I lived in for almost 10 yrs (2000-2010). I then converted it to a rental in 2010. My tenants had a house fire...total loss in Dec 2011. If I collect on insurance an a...