Brian Hunsaker
Wondering how to minimize taxes owed to IRS from rental properties
We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...
Chris Gerard
STRs - can I be convinced they are a good idea...
Does anyone have any thoughts on my current perspective: Properties have appreciated at a crazy rate in a short amount of time. Interest rates have since increased and may stay that way or go higher for the forseeable...
Chris Purcell
Do you raise rent on good tenants?
My theory is if a tenant pays on time and takes care of the house, leave the rent alone until they move on and then adjust it for a new tenant.Have heard so many times from friends where their landlord raises it and t...
Rich Weese
My goal is to be #1 of the 55,462 BP members, tic!
I originally posted a three part series on early retirement in May of this year. At the time, I had another goal that I was working on. Well, here is where I stand.
Most on here know I travel a lot! Wifey says ...
Stuart M.
Our first tax return, make sure we are doing this right
Hello all,I am asking about taxes that were due in April 2017 (for 2016 year), filed an extension until now...So, in May 2016 my wife and I were living in an apartment in FL with our kid and bought our first house i...
Tim B.
Who is responsible for missing outside items
I have a rental property in NC that has a few storm drains in the yard. There are steel grates covering the drains for safety reasons. My tenant called the property manager today and said the grates are gone and ne...
Sylvia Castellanos
How do we get information about selling the properties we purchase?
Permit me to introduce myself, as this virtually my first time posting on this forum. I am in the beginning stages of learning about investing in tax liens and tax deeds. I have been binge watching YouTube videos,...
Tony Wooldridge
How BIG is to BIG for your 1st Rehab?
Hello once again BP Nation. I find myself in a position once again to reach out to my MENTOR (BP nation) in the hopes of finding some clarity to guide me in the right direction. I have been contacted by a motivated ...
Snehann Kapnadak
Indianapolis Vs. Memphis: Rental Market Showdown
Hello Everyone!I'm a first-time investor looking to invest in a buy-and-hold SFH that has stable cash-flow in an A to B- neighborhood (any appreciation would be a plus, of course!). I'm looking for properties in the 6...
Joshua Dorkin
Hiring a General Contractor: Failure to even Deliver a Bid!
I'm looking to get bids for a rehab project in my house, and as such, have sought out general contractors.
I contacted 6 contractors over the past 3 weeks. Of these, 5 have come to get the scope of the project and a...