Mike Schorah
What are the most common ways people get audited as landlords?
I hear that taking too many write offs will cause you to get audited. I also heard that you’re more likely to not get approved for loans if you write off the wrong things. Why are write offs so bad if they are legal?
Bennet Sebastian
Should I buy this office building?
I am in the early stages of evaluating the purchase of a small multi-tenant office (6,250sf) building with an asking price of $500k ($77/sf) which I'm going to offer $437k for ($70/sf). There is one 3,550sf suite that...
Samir Patel
Calculating CapEx [Calc Review]
I have a quick question about how others are calculating CapEx on a rental property investment. I'm currently factoring in about 8-10% for CapEx depending on the age of the property and the neighborhood. I recently ca...
Alex Goncharov
How to select a Title company for FSBO ?
What important criteria does FSBO need to consider while selecting a title company?
AJ D.
De Minimis Safe Harbor
Hi - Getting very close to completing my new build construction and had 2 questions around De Minimus Safe Harbor rules/accounting1) For appliances that I purchase BEFORE official "available to rent" date. Do these h...
Hermanie Pierre
My rental properties need your help
I have a few properties and I have a couple questions My properties that are free and clear my cpa deduct Taxes, & insurance only for the year I had no expenses. For the one I have a mortgage. He deduct my interes...
Francois Acosta
Newbie: Analyzing First Deals
(I wont be buying this, its for practice purposes only) Hi BiggerPockets members, I'm fairly new to real estate investing and would like help analyzing this property. I have heard the entire BiggerPockets show and now...
Jane A.
Taxes: rental property repairs / renovation
Hello everybody!I need your help, please.After long term tenants the unit needs full renovation:full interior painting, new carpet, some times new interior doors :) vanity and toilet. I am confused when what is the b...
David S.
Financial spreadsheets - P&L, or other?
I need a better way to project income and expenses. I have a great spreadsheet to track expenses and rent coming in. I'm looking for something similar to project future numbers. For example, if I have $5k in a bank ac...
Account Closed
how do you apply the $100/door policy investing?
I understand that I should shoot for atleast $100/door after all expenses. how is thie calculated though regarding principle and interest on a loan? im looking at an 8plex and does the $100/door count if the principle...