Ninu Arun
Primary residence to rental : what date is used for tax purpose
HiI moved out of our primary residence on May 30.
Interior painting and carpet repair was done on May 31, June 1st - costing $2000
It was advertised as rental on June 2nd.
Lease with tenant started on July 1st.
Wh...
Caleb Webster
Are there any pilots on BP??
I know I'm not the only investor out there that's also a pilot so figured it would be fun to see who else on the forums is addicted to burning money to slip the surly bonds of Earth on wingéd aluminum dinojuice-thirst...
Scott Voytko
Florida Insurance changes
Florida recently passed laws to curb rising insurance rates, including a 50% roof deductible option. Has anyone cut their Florida insurance rates significantly by taking advantage of these new laws? My broker was no...
Alagi Faye
International Short-term Rental
I plan to acquire an STR property in West Africa. Will this property qualify for all the tax benefits of STR? What documentation will I need to provide to the IRS in the event there are any audits?
Gidon Eichhorn
Multi family properties - income tax
Hi everyone I’m researching taxes on income tax for a rental portfolio. I see opportunities for a 200k multifamily which equates to 1300 a month mortgage/property tax. The rent for one of these in the same area is aro...
Rex O. Casey
Cash-Out Refinance to finance an investment property
I have accumulated some equity in a rental property and I am interested in a cash-out refinance to purchase a new investment property. What are the advantages and disadvantages of a cash-out refinance.
Account Closed
Commercial Stickers on the CAR, using a CAR for business
Hello, Bigger Pockets members!I got a question here - I just got a car and I am thinking of putting a sticker on it where I would advertise a company where I work as sub-contractors (REI company). I also have my own c...
Lemont Williams
How do I show I've been paying room rent at girlfriends house ???
How would I show proof I've been renting a room out at my girlfriends house for office space can I just have her get them receipt papers from the office store and just write receipts like that. How would I do it if I'...
John Lee
Tenant broke the handle of microwave. Security deposit?
Hello,
My tenant had just broken the handle of the above oven microwave that was installed about 1.5 years ago. A new microwave is 190 and additional for labor installing to above the oven. Is this something I can...
Rich Weese
flood insurance,fire insurance or none-
A recent post questioned whether owners buy flood insurance. There were a few posts and replies.
I've owned properties and paid insurance on well over 1000 homes in the last 40 years. Do you know how many insura...