Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...

I am a single mother of two and have been interested in investing in Real Estate for some time now. Purchasing property for turn around and even rental property. I feel like it would be a good investment for me and ...

My company leases a property from a private landlord in Glen Ellyn, with permission to sublease. A leak from the wax ring of the toilet was recently discovered and reported. I notified the landlord immediately upon re...

Hello BP,I am looking for some opinions on whether I should lease to an applicant or not. Here is the scenario:The unit is a 3/2 duplex unit for $1550 per month with a $3100 Refundable Deposit.  The unit has brand new...

I was curious how the two compare. I'm aware that in wholesaling, one must tread lightly on the side of "brokering", especially without a RE license as this opens up potential doors for legal issues. But how does this...

What is the most important thing that a new investor needs to know about investing in Low income areas?

Does anyone use biweekly rent payment schedule for tenants?  We are inheriting some tenants that have historically had some difficulty paying.  They have been long-term tenants, and the prior landlord was apparently c...

Hey guys,What we had originally planned to do was buy-hold-rent mobiles in parks; however it seems near impossible to find parks that allow this. It seems the popular way of avoidance is by technically selling the hom...

We are converting our studio unit to a mid-term rental.  First time, newbie here and was wondering if there were any guides or books others found helpful when setting up for the first time?  I know it needs to be furn...

Hello,
I have been thinking about this a lot. When a tenant moves out, they usually clean as per what they think is clean. There is always some things left behind. things like inside stove, refrigerator, inside the O...