So I understand the concept of depreciation - appreciating asset that degrades (“depreciates”) over 27.5 years so you get to take a loss on taxes. My question is: how is that depreciation number determined, specifical...

Hi all,Looking at doing my first hard money investment and would love to hear some real stories good and bad before I go down this path that aren't tik tok investor fairy tales.Thanks!Caroline

We are paying $260 per month with Public Storage to house decor/furniture that we intended to use for coliving. Long story. I do not want to give away the items, they are brand new and I cannot bear to eat the cost. H...

Greetings - I would love to hear feedback about this nightmare tenant. Any insights would be greatly appreciated. A Florida tenant has refused to pay rent since Nov. 2019. Said the reason was she's a foster mom and ha...

I need some advice. I was told by 2 lenders that my DTI is too high because my taxes show a loss on rental income. The rental income loss cannot be included as income for last year (2018).   I would like to buy a seco...

Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?Lets assume the property...

If mortgage interest rates rose to 9%, would average rents double?

Good morning and happy Monday BP!I'm shopping around for insurance on my first potential investment property (small multi fam).  What are some must haves or requirements for your policies on your rental properties? Al...

Hello Friends, I wanted your inputs for the unique situation i have been facing for one of my rental managed by Property management.   One of the tenant (single man, Living alone in the unit) of my Investment duplex i...

My accountant told me that b/c my income is over 150K, the interest paid on my rental property mortgages are not deductible.   I would only be able to claim these ductions if my income falls below 150K or when I sell ...