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Hi BP community - Would anyone like to share a recommendation for a CPA who specializes in real estate. We're Dallas, Texas based investors so local to our area would be great. If not, how did you find your CPA?
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I am reaching out to some of the veterans out there and also some of the brokers out there who deal with VA loans. What can a veteran do with this type of loan? Is there a creative way to use this type of loan to buy ...
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Getting ready to close on my first BRRRR and I am working on getting insurance quotes. My mortgage broker had a requirement for rental reimbursement rider. I had planned to have vacant property insurance since I wil...
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Hello all! My wife and I completed our first flip (just before Covid hit **whew**) but we held the house across the new year. So, 2019 is nothing but expenses. How should we itemize expenses for 2019 while protecting ...
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So my wife and I are in a contract to purchase a 2-flat and we'll be living in one unit while renting the other one. I know that expenses for upgrades and repairs can be written off, but I found it hard to figure out ...
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Hi, I received a call from the community police officer saying there was a noise complaint from a neighbor. Apparently, my tenant had a loud party over Fourth of July Weekend (she said it was 5 people). Anyway, I know...
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Hey everyone. I've run into a situation that appears to be unique and need some advise. Over a decade ago a friend and I bought a house together. After we signed for the mortgage, he decided not to move in even though...
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Hello BP!I've finally purchased (waiting for COE tomorrow) my first rental. It's a single family home I picked up at auction from a previous foreclosure.The Sheriff's sale was last May and I assume there was a 6 month...
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Here in Western NC and greater Asheville we have several thousand people who are suddenly displaced due to Hurricane Helene. As you can imagine, our STR market is largely shuttered. Thus many in our investor community...
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Kevin Yeats commented on my "Disadvantages of Section 8" rental blog. He asked about providing "reverse deposits" as an incentive for tenants to keep their homes clean and maintained. He suggested giving $200 at t...