Mustafa Abdulali
How enforceable are items in the "additional items" section?
I’m interested in purchasing a home and had my agent put into the contract that the following items must be either repaired or a credit given for repairs (we noticed these items during the first showing):"Contingent o...
Joel Kadlec
Get approved for additional loans after you start investing?
Hey BP world,I am having a small issue right now as far as financing is concerned. I recently bought a pair of quadplexes under a commercial loan in Dec of 2015. I am also renting where I live now and would like to bu...
Jeanne Miller
Is reclaimed depreciation taxed in ADDITION to capital gains?!?
When house is sold, does IRS tax BOTH reclaimed depreciation and capital gains? We have a small house in FL that we built in 1978 and rented out ever since. It is fully depreciated, and is in very rough shape. We've b...
Naga A.
Additional security deposit in the middle of lease term?
A tenant failed to pay a rent in Jan, and since then all our collection efforts were failed (he made all the executed, promises were broken and phone called were ignored etc.). An eviction proceeding was initiated, a...
Deborah Cavallaro
Contractors Costs Per Square Foot for Second Floor Additions?
Hi BP Community,I'm considering doing a high end redesign and addition to an 1800 sf SFH. I'd like to gut and redesign the existing first floor of the house and add a 1400 - 1500sf second floor for a total living ar...
Bryan Cavellier
Do I need a permit for an attic addition?
I am going to add a bedroom to a unit in the attic. I will not be changing any structure, just simple insulate, sheet rock, run some electrical, etc. Will I need to get a permit or do any type of paper work before thi...
Stephen Broadus
Air BnB or rent basement as Additional Dwelling Unit
I am purchasing a property to create cash flow by renting out the rooms. Typical BRRR style, nothing fancy. However, this property is interesting because it has a 300 sqft basement detached from the main housing unit....
Mansi Mehta
Are renovations in property deductible in addition to deprec?
Can you make the repairs like painting, fixing hvac tax deductible in addition to depreciation?Any good articles on the same?Thank you
Adam Brand
Need software for loan payments with additional principal payment
Basically my mother is loaning me 37k at 2percent. We set the term for 10 years but I'd really like to pay this off asap. I need something that can easily add additional payment to principal. Any help would be greatl...
April Vogt
California-New tenant would like to add additional tenant
I recently rented the front unit of my 1bd/1ba duplex to a new tenant. A few days ago she asked if I would consider allowing her boyfriend to live there as well. I am not entirely opposed to the idea, I just want to m...