Mark Patel
Houston Home Depreciation
I bought a new roof and new flooring in 2012 for my rental in Houston and have been depreciating it every year. This year I sold the home for $136k and want to make sure I capture the correct cost bases. I paid $75k f...
Dusty Bowling
HELP ON EVALUATING 15 UNIT APARTMENT!!
Hey everyone I’m looking to purchase my first complex . A little background on myself . I’ve been investing for over 20 years . I’ve flipped around 60 single family houses and have built 12 new builds. We also have 25...
Viviana Villegas
First Airbnb, need CPA and legal advice
I’m in Dallas, Texas and just started renting my first Airbnb rental, I need CPA or legal advice on whether we need to form a LLC now or wait until we have more properties. Will it benefit for us to have income comin...
Jason Chase
Need CPA to Certify My P/L for Real Estate Purchase
I'm trying to finalize a purchase but underwriting is not accepting my profit/loss statement and says it has to be certified by a licenced CPA. I need a CPA who can get me a quick turnaround. This would be for 2020 a...
Kenneth C.
Philadelphia Eviction (What next?)
Hello Everyone!I recently received an order (in my favor) from a judge in a landlord tenant dispute here in Philadelphia. I was granted immediate possession of the property but no lock out until July 31, 2021. In the ...
Jason Wolohan
Long-Distance Investing While Considering Personal Relocation
Hey BP Community!
We bought our first investment property in June 2021. It was an out of state investment in which we had some family in the area (northwest Arkansas). We had a builder offer a multi-house discount an...
Eric Buckland
Weathability or Provision - Bad Experience
Don’t pay them for their services! Read Tom’s book and then hire your own local CPA for any additional support. The $15,000 service that I paid for is not worth the value that was provided. I had already read Tom's bo...
Evangeline O'Dowd
Should I sell my current rentals and invest elsewhere?
My current residential rentals have increased a lot in value. If I bought a similar property in my area for today’s price, it would never pass the 1% rule. So I’m wondering if I should sell some or all of these, do a...
Moises Villasenor
[Calc Review] Help me analyze this deal
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Matt Rutter
Rental Showings + Coronavirus
Thought I would post this one the forum to see what the general opinion is.
We have a tenant whose lease is up at the end of April and we will not be renewing.
We've had a few renters interested in the apartment who...