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Results (10000)
Owen Hogarth 4 in toledo ohio
11 September 2009 | 7 replies

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...

Joseph Lamon Taxed on rental income if still paying mortgage?
4 August 2017 | 6 replies

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 ...

Jason Chu How do landlords deduct expenses that span multiple properties?
16 April 2018 | 4 replies

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...

Shravan Hemchand Free dashboard to manage your rental property
1 May 2023 | 7 replies

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...

Edward Heavrin Is it ok to buy a house if the cash on cash is great, but...
20 December 2017 | 7 replies

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...

Vanessa Chelmis Trying to buy a 4plex...is it worth it?
22 March 2009 | 4 replies

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...

Rod Walker Providing seller financing-Sample contract
9 March 2014 | 9 replies

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...

Erik Kubec Strict definition of 50% rule?
19 July 2012 | 19 replies

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...

Roy Mitle filling out schE for the 1st time
4 March 2016 | 4 replies

This is my 1st time with 1040 and rental.a) Is it possible to list the closing costs under any expense item - eg. commission. I bought the house so technically didn't pay any agent. I also took a no-point loan but I s...

Chris Penny Deduction and Depreciation of AirBnB rental
15 October 2017 | 3 replies

So I am about to put the master bedroom (with bath) in my home (of 3 beds 2 baths) to Airbnb and I am confused about all the tax-related stuffs. Let's say my home is 1500sqf on a land of 6000sqf, and the whole master ...