Account Closed
House Hacking taxes code and Depreciation Calculation
Hello BP - Has anyone done depreciation tax credits when House hacking? From what I have gathered on several financial advice websites, in order to calculate depreciation for an owner occupied rental/duplex you follow...
Account Closed
Running through walls!
Brief rundown of myself: Senior Finance major, accounting minor graduating in December from the University of Arkansas. Work experience as Assistant Credit manager at a construction supply company.
Problem: Convinci...
Vasudev Kirs
Question about cash flow calculation
Hello:
I am not sure what interest rate to use while calculating cash flow. Is there a standard formula that takes into account the fluctuations of interest rates?
Here are the details at a high level:
Purchase pri...
James Cress
Rent collection apps
What is the best way to collect rent? Any good apps for landlords that have a rent payment feature? I just closed on my 7th rental and its beginning to be a bit much to drive to all of them to collect the payments eac...
Account Closed
Financing Farm to Lease
I am having trouble financing a non-owner occupied farm that I plan on leasing. The farm includes one SFH and some manufactured homes. I have 25% for the down payment but cannot find a loan. Any suggestions? Thank ...
Dwayne Hubbard
Information from a loan underwriter for an property investment loan
I need information from an loan underwriter on what should I file on my taxes too obtain a investment home loan please at least 100k
Joe Patera
Cash out refi, HEL or HELOC
Hello BP Community,I'm trying to pull equity out of my Jacksonville FL properties to purchase more props and today a lender turned me down without giving a reason. Would anyone be interested in taking a shot at this o...
Audrey C.
Need to cancel Audible, lots of credits to use. Hit me up with your book suggestions!
Sadly, not all the BP books are on Audible - but I'd love to use up my 12+ credits before I cancel my Audible account. If anyone knows of any that overlap, let me know! Looking for suggestions on co-hosting, STR mar...
Todd Ryan
collecting unemployment when you own rental properties
does anyone know,if i get laid off from my day job,can i apply for unemployment insurance in NY state if i own rental properties and collect rent ?
Brie Schmidt
Too many loans? HELP
I own 3 properties in my personal name - I want to 1031 one of them into another investment property. The issue is I have 18 commercial loans to my LLC and I am 100% owner of the LLC so they are on my schedule E. My...