So looking at form 4562 on last years tax return, what might be the value on line 17 for somebody with 1 rental property. I purchased a rental home in 2012 for 120k, line 17 on my tax return says $116...I'm not so su...
I will be self-managing my own property starting in the new year. I've seen articles for documentation to retain as a landlord, but I want to ensure I provide my tenants will all needed documentation as well. My hop...
Hello BP,I'm looking into buying an apartment complex from an elderly fellow. He has a "friend of the family" currently as the only "tenant" in his 6-unit apartment. He told me she has not paid rent in over 15 years, ...
Consider this scenario:1. Bob is purchasing a home, and starts applying for mortgages, and is shopping around. Home purchase price is $500k.2. Two banks, namely Bank A and Bank B, offer him a first mortgage, each in...
Hello AllMy tenant just contacted me to let me know his son became ill, went to the doctor and the doctor told him the symptoms we related to mold. He was tested and showed mold in his system. I am having the house te...
Dear Neighbors, Colleagues, and Friends:
In the last month, we’ve seen our communities and our world change so profoundly that it often feels surreal. To that end, I hope that this letter finds you and your families...
My real estate portfolio is growing and as it does I'm having trouble continuing the BRRRR strategy. I have a 9-5 job, no debt, other than the properties I've BRRRR'd and refinanced, thus picking up a loan in the end...
Hello everyone! This is Sayler. My soon-to-be wife Catharine recently signed up for Bigger Pockets. We are both very interested in having real estate as our primary source of income. I currently own a vacation rental ...
Hello Everyone.I'm looking to invest in properties that are currently rented.There single family homes, most have 1 year leases, and rents are low enough to raise ($25 to $75) range. Im thinking to get financing for t...
I’ve got a new tenant who states he believes there is mold in the AC ducts. He has stated he is sensitive to mold & allergens. He filters his side of the property with HEPA filter system & MERV 14 (I believe) ...