Anthony Drew Gary
Can an account from Audible.com or Amazon's equal be deducted?
I'm curious if anyone has tried to deduct the cost for an account on Audible.com or a similar audiobook database subscription on their taxes? Can you justify that there is enough real estate related content to write ...
Michelle R.
Refinance right after 1031 exchange
My question is : how soon can we refinance after closing on the replacement property? We sold a property for 1.95 million. The replacement property we will be purchasing is at a price of 2.9 million. We want to have...
Jim Rivell
Friction with New Tenant Onboarding
Our current process is to send a lease agreement via Docusign then follow up with adding our tenants to Rent-Redi, but we have noticed some tenants take days/weeks to sign. We assumed Docusign would be the most effici...
Ricardo A Perez
Do you pay taxes on cash flow ????
Hey BP family ! Any CPA’s out there lol . I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...
Daniel Y.
New BARRRR Article Question
The recent article regarding BARRRR is very interesting written by Brandon Hall. One question I had in mind if anyone could answer is what would be considered as "In-service" for 2-4 units. If I had a duplex and one u...
Andy Nanneman
Previous primary residence rental. Renovations and taxes
I have a paid off home I have lived in since 2011. I recently moved to another residence. I would like to turn the older home into a rental property (if the numbers make sense). It is in an area that is experiencing c...
Brian Kwan
How to Calculate Cash on Cash for HELOC?
Hello,There's a duplex that's going for $250k, with gross cash flow at $1900. Vacancy at 7% ($133), Insurance $70, Maintenance / CapX at 7% ($133), Taxes $75. I've got a HELOC that lets me borrow up to $63,000 at a Va...
Andrew Thomas Vedder
Offset W2 Taxes With rental losses
My W2 income is 160K. I have a primary residence. I want to buy another home, move into that one, then rent out my current home.
If my PITI is $2200, and rents in the area are $1800, can I use any of the $400 loss t...
Galit Garsiel
To what extend do small improvement raise the rent?
If I rent out my apartment, how much will painting, fixing up the kitchen and bathroom, etc, raise the rent (in percentage to the money I put in)?I may be forced to rent before selling, although I'll try to avoid it, ...
Jeff G.
Borrowing vs Paying Cash for residential development
Hi all ...First stab at residential development, and I'm working on a small, 14-lot neighborhood of all SFHs. The design and permitting is complete, and we're awaiting the 4th and prob final contractor to submit their...