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Results (7642)
Bryan N. Tax question regarding converting primary into a rental
1 July 2014 | 12 replies

My primary residence will be paid off in less than two years.  At that time, I am going to purchase another primary and rent out my current one.  The house will need new windows and a roof within the next five years, ...

Nkechi Jarvis New MTR tenant and help with setting up lease and move in.
14 January 2023 | 3 replies

Hello BP Community!I am new to landlording here, I just received my first request from a traveling nurse for housing  through Furnished Finders- the request is for a fully furnished house, utilities included for month...

Dave Williamson Inspection Report Advice
13 September 2016 | 10 replies

I'm under contract on a turnkey rental property. The inspection report is at the link below. The seller has offered to fix most or all of the issues. This is in a B neighborhood.What to you see as potential red flags?...

Kole Kingslien Move in/Move out Checklist
30 July 2019 | 11 replies

Hi everyone,I have a few questions about moving in a tenant. I have my first tenant moving in tomorrow, and have compiled a folder of documents to take with to the lease signing, and was wondering if you guys had any ...

NIcholas Hamel Capital Gains on your primary residence?
19 March 2023 | 16 replies

Hey everyone, had a debate with someone recently and I wanted to verify with all of you. I was told you have to pay capital gains tax on your primary residence and that you can only do a one time tax break to avoid i...

David Nacco Calculating your net worth
12 January 2020 | 34 replies

This is a stupid question but do you count things like cars, jewelry, watches, etc. towards net worth

Craig Poskus Cost Segregation for Capital Improvements in 2017
23 October 2018 | 8 replies

Hi BP Folks!My search skills must be weak and I apologize in advance for not being able to locate the answer to my question.  I am trying to find out what capital improvements go in which bucket for cost segregation d...

Jeremy Torres Negotiation after inspection
7 November 2019 | 9 replies

I’m in the middle of buying my first Singe family home in Texas. I got it at $82k (listed at $84,900) , but the home inspection came back with several deficiencies. For example all windows don’t open (all windows ha...

Gordon Olson Dealing with Tenant Abandoned items in Garages
28 July 2019 | 6 replies

I live in Minneapolis and am looking to house hack for my 1st property ever! My concern is, if I buy a duplex 1)am I required to allow usage of a garage on one side and 2) in the case a tenant leaves without removing ...

Jenny Sung 1st Time Investor - Need Help Analyzing a Deal
13 May 2020 | 13 replies

Location - Spring, TX
Built in 1977, 3/2, approx 1500 sqft
Contract Price - $120k
Locked-in Mortgage Rate - 3.5%
Total Monthly Rent - $1450
- Comes with Section 8 Tenant (Mom & 3 kids)
- Buyer pays title ins...