I've had several complaints from neighbors about one of my rentals in GA, which has a Section 8 tenant. The tenants pay rent on time and treat the property at the minimum acceptable level. They punched a hole in a d...
How you all doing fellow Bp'ers. Gotta another question for the group. I came across a multi-unit, that did a walk through on and I want it. It would be my first, just an FYI. But it has all the ingredients, gre...
How do you determine who is responsible for repairs/maintenance? Obviously if the furnace or AC goes out, or you have leaks coming from the roof or upstairs bathroom, it seems that it would be the landlord's responsib...
I'm growing my rental portfolio and I am a little confused about how to handle my taxes.
With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????
OR.
Can I put asi...
Hi All - One of our tenants that is typically late on rent and usually needs a reminder (or 7) is late on rent again. A few days ago we sent him a late notice, left a voicemail, and have texted - all with no response....
Hi all!It appears to be a shortage of Lenders (GA) that I'm finding that have the Fannie Mae Homestyle product. I was looking at homes on Fannie Mae Homepath and I'm interested in buying a fixer upper. In comparison t...
Hello everyone...I just sat down with a potential CPA to discuss my taxes and potential real estate issues. She told me that she had plenty of experience with real estate and that many of her other clients have inves...
Hi everyone!I’ve been owning my first multi family for just over a year now. My girlfriend and I live in the upstairs unit and we have a tenant in the downstairs unit paying rent. Throughout their tenancy I’ve receive...
My question is about depreciating capital expenses.I understand that I depreciate the building over 27.5 years. I have also been told that capital expenses must be depreciated rather than claimed as expenses. But ho...
BP Community,I'm a new investor, pushing hard for my first deal. I have been logging some serious driving for dollars time and i have a list of approx 43 properties that i have mailed to in the past month. Well i got ...