Tom B
Quickbooks reports
Hi Group,So I'm coming up to speed on quickbooks reports. I was shocked to find out (I'm not an accountant) that loan principal is not part of a P&L statement. I looked around the web and found out why. I under...
Daniel Foster
Relocation
If you are planning on moving and need to do improvements to your home to make it rentable prior to moving, what are the tax implications? For instance, if you need to paint exterior, replace floors. . . Are you abl...
Kate Lawrence
Closing gift box that contains a variety of local selected products.
Do you think a gift box that is made up of hand selected local products would make a good closing gift? I'm thinking this is an appropriate gift for buyers who are transplants to a new city.An example would be for a ...
Idan L.
Thinking of buying a new house as is no seller disclosures
The house i am looking to buy is as it no seller knowledge of history they do mention a new roof needed and termiate damage
Can regular termiate inspection good enough to value if there are severe unrepairable struct...
Andrew D Hansen
Pay taxes on state refund?
I have a rental and got a state WI. refund. Is it taxed as part of my gross income next year at 100%? Does it count as income for next year??
Tim Robbie
CPI weighted escalator clause
Hello everyone,
Im writing up a new lease contract and I'm no lawyer.I need to add a a CPI weighted rent escalator clause.
Does anyone have one?Thanks!
Stefan Gray
Where to Find Tenants for Roomshare?
Hello BP Community,I've been hearing a lot of talk about land lords renting out by the room. I just bought a property with 2 bed 1 bath. i'm interested in renting out by the room in my local area Jeffersonville, IN. I...
Leslie Daffer
Earnest Money Return?
Home under contract 8/25/22 in Arizona. Buyer wired earnest money on 8/26 & had inspection done on 8/31. On 9/2, Buyer requested 3 repairs. On 9/7, Seller signed document agreeing to complete requested repairs, an...
Debbie Partain
My first multi-family investment....thoughts, advice?
Hi BP familyCame across an off market deal in Goldsboro, NC and it will be my first multifamily and it's unique. Not sure how analyze it. There is a SFH 2 bed 2 bath and 4 mobile homes on the same lot which is 1 acre....
Brent B.
Leak in wall of Condo
Hi,
I’ve been renting out my condo for about 6 months now. My tenant discovered loose tiles in the shower and there appeared to be mold underneath. A mold specialist assessed the damage recently and concluded there w...