Brian V.
In Southern California is it worth it to agree to a solar power purchase agreement?
My electric company, Southern California Edison, is changing its net metering rules to become very unfavorable to new solar customers. If I get solar before April 14th, I'm grandfathered into the current rules (NEM 2....
Corey Lyons
House Hacking Expensive Markets
Hey guys!Long time lurker, first time poster!I live in Ventura, Ca and the market is through the roof like most other markets. The rent i currently pay is WAY more than id like to and i would like to get started on my...
John Alosio
Tax Question - Put into service as a rental
Hello Great people of BP!I have a question regarding depreciated improvements on a rental property. I do have a CPA. But I just wanted to get a second opinion on my situation.
My first question: This past year I move...
Samuel Ruelke
1% or 2% rule in Orlando?
Hi everyone! So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good inve...
Filkins Susan
How are mortgages regulated?
I hope this is a quick question, and I can get an easy answer.
I am buying my first home, and am waiting for a closing date. Our mortgage lady is aggravating me to no end. We have applied for a conventional rehab lo...
William Lu
Neophyte from Santa Barbara and Los Angeles, CA
Hi all, I'm William from Southern California, working in the cellular industry at Santa Barbara. I also visit LA quite often as I grew up there. So how I got here. Last week, my older sister highly recommended me to b...
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Ethan Mace
Seller Financing - The Best Option for Bad Credit?
Hello, Friends,I made poor decisions with credit cards between age 19-24. Now, I'm 25 and I'm working hard to fix this problem.However, I fear my bad credit will prevent me from acquiring assets and increasing my cas...
Radek Vytisk
Is it worth at all?
Hi all, I started to analyze my local area here in the Czech Republic (Europe) and found out following information:1) My city has around 65,000 inhabitants2) Searching websites I found that there are cca 60 flats sel...
Hudson Doyle
Unexpected Paper Profit Tax Liability
I bought a 2 family the end of 2012 and have now completed my first year as a landlord. My accountant recently provided me with my Schedule E tax return for 2013 and I was surprised to see that my taxable income i...