Rachel Anderson
Small Time Investor - Not a 'High Income Earner' - Cost Segregation Study?
Hi there. I purchased my first short-term rental two months ago and I put about $25k into renovations into it. I've never had a CPA before, but recently I've talked to two different CPA's about tax preparation for 202...
Justin Frye
what should i do about a tenant who's previously had a eviction?
So I just recently purchased my first rental property a multi-family duplex and haven't closed on the property quite yet. The current landlord of the property has recently just put in a new tenant who's had a prior ev...
Andrew Bjorklund
Inherited tenant that needs to go
My wife and I are buying our first multi-family home and expect to close soon (yay!). We will be house-hacking a tri-plex. One unit is empty that we will live in and the other two units have long time tenants. Both te...
Jason Jebeles
Insurance for HomeAway/Airbnb rental
I have recently finished my basement out with a full apartment. I have listed it on HomeAway and Airbnb. We have had great interest and have had 3 short term booking and 1 booking for 19 days within 1 week. This is ...
Shayne Mahoney
House Hacking in the Greater Boston area
Hello,I was interested to see if anyone has had success in today’s market, house hacking in the Greater Boston area. Are you able to cash flow when you move out, how you went about the process, etc.? Thank you
Ron Willbanks
Just starting out -- as a Passive MF investor do I need a LLC?
I have decided to become a passive investor in MF. I am just starting out and my research indicates the syndication will create a LLC so there does not seem to be a need for me to create one. That said, should I ope...
Rob Stein
Forming A Team In Colorado Springs
Hello Fellow BP Members! My wife and I will be moving to Colorado Springs next summer, along with my parents, to pursue our real estate investments full time. We love the Springs, and love investing, and can't wait to...
Kim Hopkins
How to Factor Expenses from Reserves into Cash Flow Statement
Hello! I'm going nuts here trying to figure out how to properly set up a statement that shows my cash flow. In particular, we have a reserve (escrow) account that we put money into each month the year before to cover ...
Steph C.
Taxation of Rehabs that Cross to Next Calendar Year
Hi BP,
I have a question that I'm sure many of you can answer.
We purchased a home to rehab last year in an LLC. The rehab was completed last year, but the house did not sell by the end of 2011. If the house had so...
Ramon Mota
Owner Financing how to and pitfalls
Hi I'm new to selling property. We have a restaurant that is paid off and would like to sell. We received out first offer and they want owner financing. How would I set up a contract that protects my interest and will...