Question for fellow so cal property owners!What are your thoughts on acquiring earthquake and/or flood insurance?  Have you purchased this in the past for any of your properties and do you now?  If not, why?

I have a question regarding security deposits in New York State. Does each tenant require a separate interest bearing bank account or can multiple tenants' security be deposited into one account and whose tax id# shou...

My rental properties in San Bernardino county are being quoted insane insurance rates.  Last year I paid 5500.  My carrier is no longer insuring in CA.  The cheapest quote my broker could find is 12,500.  She tried CI...

I am using Turbo Tax Home & Business and found a bug that is verified by other users on the forum. It is not entering home interest on schedule A unless you go to the Tax & Int Wks form and check "No" for the ...

Looking at a possible multi unit property to house hack.  Is it difficult, or any common issues, moving your current primary residence to a rental?  I guess I'm thinking in relation to taxes or accounting but interest...

hello guys,I have been a home builder for a private part, but now in launching my own business on San Antonio, TX.As a home builder i recently received a loan. My questions are the following:If i got a balloon repayme...

I am looking to purchase this investment duplex property which was built prior to 1940. All state said they cover cash value for properties built prior to 1940, drewlling comes out less than half of asking price. The ...

Looking at a property with an upper level and lower level apartment. It has two off street parking spots and on street parking but I am worried about it not renting due to the lack of parking. Should I invest in this ...

Hello BP,

I was wondering since my business hasn't produced any income yet can I write off all the money I paid for marketing and other business expenses on my personal tax return?

Hello BP!!!! I have waiting for this day and it has finally come. I have got my first wholesale deal underway and I have got a house under contract!! I am excited but anxious at the same time as I do not know where to...