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Good morning,as I am very small I am trying to fill my tax return for my duplex by myself.The IRS documentation seems clear but not on houses depreciation.My doubts are:1) Should I start using depreciation from the fi...
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I live in Northern Virginia and I am looking to invest in turn key properties in a few markets in other states. I would like to connect with other local investors who are already investing in long distance properties...
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The good news, I had no issues buying my first 3 unit in Worcester, MA. The bad news, its been limping along with bad tenants and horrible property managers. I've run the numbers inside out and upside down and don't k...
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So prior to discovering BP I signed up for this 3 Day seminar in Knoxville TN that is this weekend. I've paid for it and figure while I know some of it will be a sales pitch surely I'll pick up on some good knowledge ...
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I want to move forward with setting up a seller financed deal, but am unsure on how to approach and how to structure the deal.
I’ve heard of two structures and want to know if there are any others that anyone has ...
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Okay, I've gotten an application from another family. I don't have their financials yet (for some reason, though she emailed to application to me, she snail-mailed the other docs!?!?). I also haven't run credit chec...
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Hello BiggerPockets Family,I wanted to share my first purchase that I closed in LA back in August 2017. Now that the dust has settled, here is my story. I hope this reminds beginners like me that it is possible to pur...
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I have given a tenant 30 days notice on their month-to-month lease. The tenant has told me they 100% refuse to leave within 30 days.Can I start the eviction process now even though they are not in default of the 30 da...
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Hi BP community. Here in south Texas an A/C/heater is needed basically year round. That being said my current unit 13 SEER (Goodman) being over 15 years old has a blower that has gone out. This unit is rusted out, has...
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Hello,I'm considering getting the PRO account, but this brings up the question, how do I manage my finances related to Real Estate?I will need to keep track of all my expenses, profits etc. But is it easier come tax t...