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Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...
Although this is a new account, I have been coming on here for a few years. I have listed to every BP podcast, read some books etc.I have been interested in investing since 2015, when I listened to, yep, you guessed i...
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Side by side duplex. Last sold in 04 for 175K. reasonable rent for each side is $825. Here are the numbers:
20K in repairs
Taxes are $2400
INS is $2000
Separate utilities except for water and trash: ~$1...
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Hi BP folks, I am about to make an offer on a house when I found out the house has a septic tank. I do not know anything about it, but after doing some basic reading, it looks like an expensive affair.
Firstly, shoul...
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Hello BP world!
I have a potential deal in my lap and I needed my feedback. I want to lease option this property and this would be the first time I would doing so.
I found a duplex on the market for $11...
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We bought a 2 family in NH with an oil burner that needs to be replaced. Originally the guy that quoted us said that if our chimney is lined, natural gas would be better but we would have to wait until April so they c...
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Hi All,I'm not handy, never have been. My job growing up was to break all of the equipment on our farm so my dad could fix it. (he wouldn't suggest that was my "job" but would suggest I was really good at it)I had n...
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I have a portfolio with an owner that is asking us to put together 15 laundry rooms with card reading machines that are self owned, not through a laundry leasing company, which is what we normally do for many reasons....
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I am looking at making an offer on a house with a crawl space. It is on a very flat lot and has a problem with water standing around the foundation, and under the house. It was built in the 1960's and apparently the...
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Good day AllSo I bought an investment property, at the time inspector said there was no heat and air. My HVAC person then tested it and said the furnace was good but no air, he would need to turn the gas on to verify...