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Hi BPers, I need help to determine the improvement portion for depreciation on my new construction home. It was placed for rent on 6/19, and occupied 8/19. The Property Record Card is not accurate. It only shows t...
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Quick question all! What tax deductions do you take on a STR managed by a PM where all you get is 1099 at end of the year for the final payouts made ( after deducting all fees). TIA!
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Hi BP family! This question’s for the seasoned Landlords/PMs... For your properties, is there any preventative maintenance (or updates) that you make sure gets done after a certain number of years have passed?For exam...
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Hey all. I have a vacancy coming up and wanted your take on if I should sell now and take profits or keep on holding. Do I love it or list it ???? :)Townhouse in MD in non-economic growth town near baltimoreAcquisitio...
I feel like a lot of the deals I look at would cash flow but when I run them through my analysis spreadsheet almost all lose money. I'm fine with being patient but I want to make sure there's not an error in my analy...
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Hey BP!
A little backstory on why I'm writing this post... My wife and I have been together for about ten years and we've never taken this topic super seriously. What I mean is we've never sat down, wrote down our go...
Hello BP! I’m looking to get a general consensus. Do you think it is beneficial to obtain a real estate license if you are investing in residential real estate properties. (Mainly Multi Family Units)
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Hello everyone,My name is Devin and I’m pretty new to the spectrum of Real Estate. I’m currently reading The Book on Rental Property investing. I’m on chapter
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I am new to this site but have been investing in real estate for about 6 years but a leisure pace and with a cross country move in the middle.
I am now taking an aggressive approach with the goal of leaving my day j...
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Hey veteran LLs.....do you do an annual tuneup on the AC units in you units (aka preventative maintenance) OR just wait until a problem arises and deal with it then?Many thanks!