Dear BP Members,We installed a ceiling heater and exhaust fans for a small bathroom for our rental property. There is no heat source in the bathroom. That is why we took the suggestion from our contractor. However, we...

Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now ...

Apparently since 2012 it has not been necessary to prepare 1099-MISC's related to rental activity unless the activity is a trade or business. See this article:
www.taxcpe.com/blogs/news/1099...
What do you think - ...

Ok quick question regarding taxes. I purchased my first rental and on my earned income i make under 25k a year as a server (don't claim enough tips), basically I am looking at purchasing Albert Aiello's tax software, ...

I am planning to purchase a small business in Texas. The current owner holds the real estate in an LLC, separate from the operating company.

I would like to make parallel calculations regarding P&L and cash flow ...

Is it a good deal to get a duplex (for the purpose of house hacking) if you paying small amount from your pocket every month to cover all the costs?

Adjust accordingly! 

I'm trying to understand if my SFR is worth holding or selling.  I'm in Binghamton, Broome County, New York.  My goals are to buy and hold high cash flowing property and manage flips for cash for down payments.  In or...

Good morning!  My husband and I bought a fixer upper duplex in 8/14 with a 5% down FHA 5/1ARM at 3.75% (we are living in one unit).  We did a massive reno on it and should now have the 20% equity needed to refinance a...

Hi, I am trying to refinance out of a bridge loan and am pushing to meet the mark on income. My CPA suggested I use my W2 and my Rental Income and basically not claim much if any of the tens of thousands in expenses t...