I am planning on buying houses and living in them while improving them.  My plan is for my wife and I to completely pay them off and then move on.  I only currently own 1 house out right now and working on finding the...

Hello bp!
I have just purchased two investment properties, one townhouse and one condo. I need to get homeowners insurance before closing and I am wondering what a suitable amount of coverage would be. I believe that...

Hi there!I'm in search of good enough calculator for comparing lease vs buy options on commercial property. Before reinventing the wheel myself, I wanted to see if anyone here has a model set up that they like and are...

Hi BP Community.
Can I require that tenants pay for professional cleaning service at the end of their lease in North Carolina? If possible, would the funds come from security deposit? How would I write this into the...

What's peoples opinions on fixed rate interest only mortgages? These are loans that are interest only for a period of time (10 to 15 years), then switch to principal + interest. These loans are usually ARMs, but I'v...

I sold a house last year. Just got an email from the title company, copying the buyer to ask me to pay about $500 directly to the buyer. Apparently, when the buyer compared actual taxes she paid, with the way it was p...

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...

I've often wondered exactly how an appraiser comes up with the adjustment values that are used when comparing properties. For example how much credit or deduction is used for a 1/2 bath, more or less square footage, ...

Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...

howdy, from dallas tx. i'm a full time professional musician, and my income fluctuates seasonally, as well as being all 1099s.  i've been approved for around $150k on a bank statement loan at 8%, 30yrs fixed, with a m...