Huy N.
Parrot Bebop Drone
Looking for a drone to inspect the roof or fly into a war zone area before you step in?Look no further!http://www.parrot.com/usa/products/bebop-drone/Great way to deduct your tax if you are making too much money as we...
Dena Davis
Rehab Analyzer--- can you tell me how to interpret this?
I dont understand. I put my days holding this at 150 days. So that should have calculated in the mortgage payment for that number of days. What is confusing me is the variance in days posted to the side. Any c...
Raquel Baranow
Capitalizing legal fees related to realestate lawsuit
Last year I had about $60k in legal fees, which I classified as a business expense. Should I have capitalized the $60k (or a part of the $60k)? I sold the land related to the legal-fees/lawsuit and am now going to hav...
Sophie Knight
Short Term Rentals in Mexico?
Curious if anyone here has any short term rental properties in Mexico, specifically the Quintana Roo state? Wondering what taxes are like, occupancy rate, and any other helpful tips you would like to share! Thanks in ...
Lisa Shows
Are home warranties worth it?
Hi everyone, I just bought my first rental property and doing a BRRRR, but I am not replacing all the mechanicals at this time as they likely have some life left in them (furnace, HVAC, etc). I am wondering if a home...
Daniel Alfandre
Building a house for parents - tax savings?
I am managing the construction of a house on an investment property my parents own. They said they would pay me a fee and split some of the sales profits with me. Any tax savings I can get on this type of relationsh...
Thomas Lin
Cash, HELOC, Home Equity Loan, which one to use for next property
Hi BP family! I am looking to purchase a primary or vacation property. I have about $80k equity in the investment property.
My questions are: Which method should I use as a down payment to buy the next property? (I ...
Account Closed
Recommendations for Portfolio Lenders in Denver / Westminster
Does anyone know of any Portfolio Lenders in the Westminster / Broomfield area?
Johnny Diamantas
Insurance on Wholetail Vacant House
Hello everybody! I've seen many discussions here about insurance on vacant properties that investors are rehabbing. However, I'm doing a wholetail deal currently and am seeking advice on how much insurance should cost...
Helen Zhang
What kind of business entities do you use and why?
Hi BP community,I have been actively googling on what kind of business entity I should use. (Yes I did speak to my tax consultant, but I don't think he have been helpful). So I thought I should simply learn from real ...