Shaun R.
Difference in flooring installation
I'm getting ready to put my house up for sale and I need to replace some of the flooring. I'm pulling out carpet and going with either wood look tile or laminate. The material cost for each is pretty similar, but I'm ...
Bejtush Bajrami
Need to know if this is a good deal or not, please help
Hello everybody, I'm trying to buy a 3 family property in Yonkers New York I need help making a decision I have done my calculations and it seems like a decent deal but I need help to make sure it is a good deal.Th...
Zak Leonard
Calculating CPA and Attorney Fees as Monthly Expenses
Hello!
I am new to the Real Estate world and still very much in the learning phase of my journey, but I had a question regarding expenses. One thing I noticed that was not generally being accounted for when calculati...
Becky Haag
No deduction for short term rental expenses for days not rented?
If I'm understanding correctly, you can only deduct expenses for the days that your short term rental is rented. For example: If you rent out your property for 250 days of the year, (which would be about 70%) then y...
Sam Loeffler
House hacking in san antonio
Anyone in san antonio tx house hacking or house hacked before im looking into it and it doesnt seem like the cash flow is to nice cause the rent is so low any tips.
Chris C.
Tax Write-off for rented room
Hi All, I recently rented out a room in my house for 3 months. What all can I write off?Also, he ended up not mowing the lawn (which he was supposed to), and the city came out and did it. I did have my friend mow th...
Holly Prokop
2014 taxes start up deductions
hello~ seeking guidance regarding "start up" deductionsOur 1st rental was in service April 1st 2014. We spent OVER 5k to prepare the home to be rented. These funds include things like utilities, materials for plaster...
John Cohen
96 Unit Rebranding and Reposition
Hey BP! Wanted to reach out to the network to get some guidance and advice. I am in contract on a 96 unit property down in Tallahassee, FL right across The street from FSU. This would be my first student housing deal ...
Jónas Tryggvi Stefánsson
CoCROI based on free or total cashflow?
When people (or you!) calculate the Cash on Cash Return On Investment (CoCROI) to compare the profitability of a real estate investment and compare that to other investment options, should it be based on the free cas...
Kyle Gregory
deal or no deal ?
alright i found an ad from a developer that is selling a 2 family in my area. Now I live in what would be considered an upper middle class neighborhood that is in a booming area with a very nice school district.... N...