Hello all! First post here on BP. Great site! This is my first rental property and first tenant 30-day notice!
I have a 2/1 rented out and one of the roommates has given me 30-day notice. Just want to make sure i'm n...
My rental condo is at a point where I need to replace the water supply lines in the unit. The existing plumbing are the old polybutylene pipes that become brittle over time (30ish years) and are prone to developing l...
If someone buys a house in poor condition and fixes it up for a rental and does all the work themselves...come take season does one depreciate on taxes the original cost of the house and the cost of materials? Or can ...
Has anyone out there done an extensive amount of raising private funds as small loans ($1,000 to 35,000) from friends and family members with interest paid on the loans?
For a private loan that I use to invest in rea...
Hi, I am house-hacking a duplex in Denver with a full time job.Does anyone know some good tax people/companies in the Denver area with a specialty in Real Estate?
Yes, great question for my tax accountant. I am working to closing my first REI deal and will not be relying on this property for income purposes. I have scoured the forum for this specific question and do not see i...
I am selling a single family home in Bellevue, NE in which the tenants refused to allow showings, shorter notice showings, and lock boxes for the last 30 days of their lease. In the lease they're are stipulations ...
When I have a common expense such as buying a tool (i.e. a lawn mover) that I use for multiple properties, how do I allocate the deductible expense to the multiple properties I own? Based on net rental income?
Good morning. Here is my situation.I am a w2 employee. All of our insurance/retirement is tied up w/in my job. My wife does not like her job and is making the leap to open an in home daycare as soon as our new house i...
I recently reviewed my taxes prepared by my CPA. I discussed with him the option of bonus depreciation. He asked for specific cost items. These included HVAC, roof, fire alarm and security system, cost of beds, furn...