I am wondering if there has been any real solid resolution on this topic. My CPA has instructed me that the auto expenses (at least the proportion used for rental activities), overhead such as office supplies, sof...

Dear BP members, I started my journey Oct 2021 and am about to close on my 3rd property next week. BP helped me start the journey and I have come a long way. 
In my journey I have learned a lot and here is what I wan...

What are your thoughts on buying a property that has amazing cash on cash return (30-40%), but doesn't meet the 1-2% rule or any other rule for that matter. Basically, I can buy a Triplex with an FHA Loan at 3.5% down...

My husband and I just got an offer accepted for a 4 plex. It was originally listed at $330K...dropped to $299K and is now selling to us for $285K. I don't know the actual value of the 4plex as we have not had the ap...

BP Community,

First post...

I own a triplex property free and clear. I have buyer but need sample contract and understanding of how to put loan servicing piece in place. Any suggestions around where I c...

I just set up my LLC that manages my self directed IRA. What expenses are considered legal to expense out of this entity? My custodian seems conservative. Would travel to look at investments be legitimate? My custodia...

Hi All, My tenant called at 10 pm on Jan. 1st to let me know that the furnace (natural gas boiler) was constantly cycling on and off and the temp was dropping in the home.  I instructed him to contact the local HVAC c...

This deal is coming off of a direct mailing campaign that i started.

it's 4 units in a two story brick building.
It was being used for housing for the mentally disabled but the owner wants to retire, he recently reno...

Hey guys!I am still very new in this industry and need some help here. I managing my mother-in-laws property and taking care of everything for her via POA. I know ultimately she will have to file the 1099 but are you ...

Really thought I would have an easier time finding a consistent definition of this by googling.

Can someone lay out for me what of the following goes into the expense part of the 50% ratio?:

[/u]Hard, real costs (eg...