Hi there, when my family and I travel, we simultaneously use that trip to look at potential investment properties. I was wondering, are any of those travel expenses tax deductible?

Hi Everyone - this happens to be my first post on BP, excited to be part of the forums.I've been investing for about a year and have purchased 4 units in metro Denver at an average cost of around 150k/unit. I had a th...

In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive. When you draw down the reserve you count it as income b...

Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts. But, my CPA says that because my AGI is >$100,000, I am...

I am getting my roof replaced on a rental property.  The cost is divided as follows: Insurance is covering portion of itI am covering portion of it (as my insurance does not cover full replacement cost).  I only get t...

Hi Everyone -I am planning on buying a 2 unit property and renting one of the units to my friend. I am giving him a good deal on it, so the rent will only be a few hundred dollars. I have done a lot of reading on all ...

For rental to be in same condition when rented by tenants, I will need to: touch-up paint, clean house, wash windows, clean carpet. Can ALL of this be subtracted from tenant's deposit? They left the place in great sha...