We have a rental in Keller, TX and Lubbock, TX.I received reports of hail storms and windstorms from both property management companies, a month apart.Our insurance policy for these properties keeps going up! We filed...
Is anyone mailing free and clear properties and if so, what are your results with it? I've mailed absentee owners with some success and would like to start mailing free and clears too.
What is your list criteria and...
Hello,I recently bought my primary residence located in Houston, TX (Harris county) in February, 2016. I would like to claim this property as my homestead. I have learned that there are two main advantages:1. I can wr...
Hey BP, I need help with the Arizona transaction privilege tax license. do you guys know or do you know someone that would know how to help with this?I have a question about the Arizona transaction privilege taxDo you...
At closing I got my check which is my profit and remodeling costs.My accountant refused to deduct these expenses on my Capital Gains form.He included the total cash received at closing.What can I do? So basically heâs...
Iâve been quoted $5k to have a cpa tax attorney (firm) crunch wife and my numbers to determine possible cap gains on sale of rental. Theyâll determine best route in how to essentially to pay the least amount in capita...
Given the time of year, I am unable to seek advise from a local Denver CPA combined with living in Singapore have left me with an important question. Â Can profits from rent be used to paydown the loan on the same hous...
Hi BP, What are the advantages/disadvantages of buying a note versus buying a turnkey (or vice versa) in terms of cash on cash return, depreciation, deductions etc.? How much depreciation do I get from 1 property/year...
Hey there! My brothers and I are hoping to expand our portfolio to Waco, TX but we are hoping to get some feedback! We live in Southern California and own an Airbnb in Arizona and we wanted to branch out to a new mark...
I'm looking for all types of answers from people here so let me know what you would do! If you were given a $25,000 check tomorrow and you had no debts or anything else looming that you needed to pay for, what would y...