Lisa Kattenhorn
Tax deduction questions for multifamily vacation home.
We recently purchased a vacation home that has a mother in law suite with a full time tenant paying rent. We share some utility bills and maintenance costs (plowing, yard work) with the rental unit. How will deductio...
Fred Hess
Need advice - first joint property venture
I've just had my offer accepted on my first turnkey rental property in New Jersey. Closing is not until October 1, so I have plenty of time to make the necessary arangements. I will be splitting all costs and ownershi...
Caleb Gray
House Hack Improvements on Personal Side - Tax Implications
Hello BP,I recently did a small amount of improvement (<$1000) on one side of a duplex that I am now living in. Projects included installing vinyl plank flooring in two rooms, refinishing kitchen cabinets, and inst...
Bryan S.
All The Small Things - how do you manage?
Hi Everyone!Curious how people manage the small things that make the property look nice before check in?For example the wind blows the pool chairs so they look a bit messy. Cleaners do inside. Not pool or lawn teams p...
Mark Rechkemmer
Locating abandoned mobile home trailer owner
I recently purchased a MHP in NC and have not been able to locate the owner of an abandoned trailer through the county tax records.
Do you know the NC DMV process for obtaining title to an abandoned trailer? It's...
Tim Czarkowski
How to be compensated for handeling rehab for partnership
I have someone who I am partnering with on flipping properties. We were easily able to come to an agreement on how to handle that. However my partner also wants to hold some of these properties long term. He would be ...
Tom Thomson
One Roommate being taken off lease due to protective order
The person being taken off the lease is not wanting to live there anymore and by law can terminate early in Indiana due to protective order being filed against roommate/girlfriend. He is asking about the security de...
Terri Lewis
multi million PML, how crazy is this? Scam, or possibly real?
We have been approached by a millionaire from Nigeria. I have ran a check on him and he is indeed wealthy, if he is who he says he is. He has approached us with a multi million dollar loan offer. Seems bogus, and not ...
Lauren Fugate
Hiring a property manager?
Hi! I'm new here and have a question for landlords... have you or would you hire a property management company? Why or why not?
Jorge Esteban Vargas
Opening Business Checking for new LLC
Hi everyone. I'm trying to buy, fix, and rent real estate and created an LLC with my partner who is putting up most of the capital but he will not handle operations at all. In fact, he won't do anything but provide ca...