Alik Levin
Broken electric fireplace replacement - repair or improvement?
Dear all!,Does electric fireplace replacement count for repair or improvement?The real question is can I deduct the expense at once or must I depreciate it from tax perspective?Thank you-Alik
Marzel Hurbs
What should I do with my inhereted IRA
Hello BP Family,My Father passed away on Oct 7th, leaving me his IRA which is valued at $750K, as of today. My wife and I both work full-time jobs, and own 3 rental properties (in a series LLC) putting us in the 35% t...
Karen Cook
looking for creative A/C heat guy in Houston, TX for a flip
We are closing Friday on a house in EADO (East Downtown Houston) and are looking for someone who can think outside the norm for a/c and heat. This 1940's house has no attic space (very little) because they created th...
Tricia O'Brien
How Deal with Tenant Possibly using Stove to Heat Unit (Indiana)
I recently evaluated a 100 year old triplex in Indiana where the landlord pays gas, water, trash but electric is individually metered (and each unit has electric heat). The units all have a gas stove/oven and share o...
Jon Huber
Multi for sale - Owner now pays all utilities - How easy to put utilities back on tenants?
Hello everyone, So, I have found a house worth pursuing. B- neighborhood. C multi-family. Cash flows very nicely. The draw back is that the owner currently pays for all utilities (electric, gas, heat, water, etc). N...
Brenda Mercado Baez
1031 - NY to FL. Receiving mixed messages re: SFR v MF
Lurker/1st time poster here! My husband and I own 3 homes: 2 rental duplexes and 1 single home in which we live in. We are looking to relocate to central Florida this year and want to sell one of the rental duplexes. ...
Karen Johnson
Do You Request Tenants E-Sign Lease?
Hello everyone,Quick question. Does anyone here have tenants e-sign their leases? I am using an online service that allows for this. I still have to meet the tenant, give keys, go over basic rules and regulations and ...
Nish Ravichandran
New Investor w/ Ambition - Northwest Indiana (NWI)
Hello BP Community,I've lurked on the forums for the past two years and am excited to finally be making my first post! At 25 years old, I'm lucky enough to have graduated college free of debt, earning a comfortable sa...
Curtis Linville
My BP Intro: Only up from here!
Hello there fantastic people of BP, I'm interested in joining you guys on this real estate adventure. I'm 24, a software dev, entrepreneur, lifelong learner, and most importantly... receptive to your sage advice. I li...
Terry N.
Accepted offer - response advice?
A seller has accepted our offer but wants to continue to show until inspections complete and contracts are signed. He doesnt want to take himself out of the market in the event that we change our mind or dont perform...