Jason Perry
Rent Reduction as Charitable Contribution
We have been contacted by a priest who is working with a family that is in desperate need of a place to live. If we give them a huge reduction in rent from the amount we would charge, is that tax deductible as a chari...
Elvin William
Help with hiring family members tax benefits
Hello, I'm looking at hiring my in laws for my LLC rental property business. Question is, how can I take the step and how do I do that? Also, do I really get tax benefits for hiring my family member. Can I do write of...
Mandy Ellett
Help a newbie analyze a potential property?
Hello to all out there in the BP community! I'm a very new investor and am wondering if I could get some help analyzing a potential property - I've been using an excel spreadsheet I found here on BP, but being new, I'...
Jeffrey Hansen
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.looking into buying my first rental property currently and have added up the numbers to b...
G Pyros
SFH Monthly Math (Excel)
Hello all, I put together a spread sheet to analyze a potential home. The home is built in 1997, 75k list price but I have the negotiated 70k with 5k to fix (carpet, paint and general clean up) Rent goes...
Kenny Smith
What in the world is going on with the Denver housing market?
...what in the world is going on with the Denver housing market?1. Inventory is very low - for all of the homeowners that bought or refinanced during COVID that have a sub 3.5% interest rate don't want to sell when ra...
Lana Lee
Water and trash bill, landlord or tenant Philadelphia
Do you landlords in Philadelphia pay for water and trash in duplexes or put it on your tenants? Do you charge just for water usage or the whole bill? Is there City regulation on that? And how do you split the bill if ...
Jason Hodge
Newbie Working Through Property I found
Good Afternoon,This is a long post, thank you in advance!I think I found what could be a "good deal", but I'd like some feedback because there seem to be sooo many moving parts in a RE deal, and other than purchasing ...
Loubert Jean Philippe
Cash flow is Negative
hi, if I'm house hacking and my cashflow is negative 300 is that a deal I should consider for a newbie?
Kevin Moules
Write off or not to write off, that is the question!
Hello BP!Wanted to get your thoughts on write offs for your business and whether it is worth doing? This could apply to a real estate business or other small business. Basically I jumped off the deep end and quit my W...