I'm an investor in Cleveland, but am from the SF Bay area. When looking for a CPA, should it be someone local to me (Bay area) or where my property is? Or does it not even matter where they are in the US?Either way - ...
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I have a general insurance question that relates to HOA's.Lets say I bought a townhouse for $60k, and the outstanding mortgage is $45k. Lets also assume that the cost to rebuild is $100k according to the insurance co...
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First DSCR deal. Not sure if I'm paying too much. Thoughts?View report
*This link comes directly from our calculators, based on information input by the member who posted.
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Tax deductions ideas on my fourplex that I live in? Should I LLC this first fourplex?
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Hey y'all,I've had a lot of previous experience with rentals (single & small multi family, STR) and did my first flip in 2023 (where I lost a very small amount due to contractors taking 3x the estimated timeline),...
I heard someone say land lording in California wasn't as good as other states and that it's more tenant friendly than landlord friendly. What are some cons about being a landlord here in CA?
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I have been analyzing houses for almost a year now. I understand the basics and really just need to dive in. One thing that has been a little confusing to me are the tax deductions. Off the top of my head, you can ...
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I'm an active investor, but I don't qualify as a professional REI. I'm trying to understand what types of business related expenses I can deduct. I have created an LLC that I will be using to buy my investment prope...
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Hi BP community,
This was my first year diving into real estate and I successfully bought 2 single family rentals out of state. Now tax season approaches and I'm completely lost and nervous as to how I should file m...
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About to close on my first rental property (SFH)! Do I need any special insurance other than homeowner's insurance to cover my rental? Should I look into a separate umbrella policy to protect myself as it will not b...