Hi All,
I've recently acquired a few properties and have started using Stessa (since I get it for free with a BP Pro membership) for bookkeeping. All of my properties are being managed by a property manager and it ...
Most of my rental properties are duplex and fourplexes. Sometimes they come where there's only one house account for the whole thing. On my biggest one I'm having Iowa Solar install solar on it. What's your experience...
Posting this duplex that I found here in the heart of Eastern Michigan, I've been frequently trying to run numbers on duplexes and investment property listings as an up and coming agent and investor to try and gain wh...
I'm purchasing a townhome in Louisiana to use as a Primary residence while I fix minor issues then convert it into a rental. I'm getting a conventional loan putting down 5-10%. My end goal is to buy another home in ...
Hi BiggerPockets Community,
Question: Is it worthwhile to protest property taxes in Oklahoma for non-homestead, 1-4 unit properties (ie, small residential properties) only if you can limit the increase in taxable val...
Today my CPA told me that I cannot take the full amount of depreciation on my rental this year because my adjusted gross income will be over $150k. He said we can defer the deduction until we sell the property or AGI...
Hi! I’m newer real estate investor with aspirations to build my portfolio in a smart way. We own a single family 4 bedroom, 2.5 bath home (built 1977) in Barton Hills. It’s our primary residence but we’ve decided to n...
I'm planning to BRRRR my next property. What are the limits for tax deductions during the rehab on this type of investment? The property needs $20k worth of capx and repairs but it's move in ready currently.
I read ...
Hi, I started my journey with becoming an accidental landlord. I now have decided to form an LLC and get serious with Real Estate. I want my current house to be under the business, I'm thinking of having my attorney d...
Hello BP!
The Portfolio: Five multi-families (All 3 units, excellent
tenants, excellent locations, well-kept). Purchase price: $1.3M. Value today:
$2.5M
The Background: My landlord (let's call her Sara) owns 5
pr...