I am trying to finalize our tax paperwork and I am at the step of reporting the income and expenses of the rental property. I can tell based on the rental checking account what the income/expenses were. How do I docum...

Let me start by saying, Network, find a mentor to ad value to and I'm not in a rush. I've just found the podcasts and I'm gathering the information, and the experiences that have been shared are gems. It takes action,...

I have been lurking BP for a while now, but just haven't posted anything to date.  As I intend to move in the coming months from Philadelphia, PA back down to Charlotte, NC I realized I have been slacking in utilizing...

I'm hoping to get a second set of eyes on this deal.  It's a condo (The hoa is STR friendly) in Sedona, Arizona.  It's currently being used as an Airbnb and it's annual pre-covid numbers are as follows: $116 ADR at a ...

I’m sure many of you have heard of a cost segregation study. It is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return...

How To Optimize Your Property Listings: A Guide To Attracting More Buyers & Selling Your Property Faster
In today’s competitive real estate market, it’s not enough to simply list your property for sale and wait f...

My wife and I are planning to get a second vehicle. We've been able to get by with one to save more money. We're planning to buy our first rental property asap and plan to manage it ourselves, at least to start.  I've...

Hi Group,First I want to thank everyone for the amount of information I have learned in here. Here is the situation. I am a broker in South Bend Indiana. I went on a listing presentation for a tri-plex today. I really...

Hi BP Community,
I’ve benefited from the BP brain trust when looking for recommendations on property management software so having finally chosen one, I thought I would share my findings in case it helps someone else...

Hello,I have purchased a duplex as my primary residence for two years. Recently, I'm wondering that I should rent my second floor unit to relieve some financial pressure and to start building some experience. Since it...