OK so my parents are in the process of divorce. My mom mentions to me they will sell all properties, they are cashing out. Now remind you I am very new to this and I have only focused on wholesaling. Now if their sell...
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Hey there,
I've lived in my current primary residence for the last 26 months in a row. I rent out 4 of the 5 bedrooms here and live in the 5th.
Lets say I want to go get an apartment/studio in order to increase my...
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I have an older condo rental in Dana Point where the tenant has been renewing on a yearly lease year after year. Additionally, the lease does not offer any M2M option. Just curious if the rent cap (5% + local CPI...
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If a landlord is receiving income from the rental of a dwelling unit, there are rental expenses they may deduct on their tax return. These deductions apply to mortgage interest, property taxes, operating expenses, dep...
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Hi guys! I’m looking for some advice on what I should do. My wife and I live in Jasper, Ab and rent is pretty expensive out here. So were looking at possibly buying a condo here to build some equity instead of renting...
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Hi BP Community:
1. I am NJ resident and I am planning to purchase STR in other state along with other partners. So, what is the difference in rate and complexity between conventional mortgage which is on individual'...
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How do you determine whether you are better off rehabbing the existing property vs demolishing it and starting from scratch?
Curious,since the real rate of return on cash is negative and continues to worsen due to current monetary policy is there a point at which one leaves cash in purchased and rehabbed properties instead of pulling it bac...
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Just purchased Quicken Home, Business & Rentals... I have a tenant whose lease calls for weekly rent collection. How do I record that in Quicken? It seems to be monthly only? Any suggestions? Thanks!
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I have my kids do work on the rentals with me. Two are now 18+. I am learning that they need a 1099 for work completed in 2019. Are there any hints on how to go about this? The IRS instruction page was 13 pages in ...