I purchased a property from my dad 2 1/2 years ago. The tenant had already lived in the property about 8 years prior to my purchase. I have had to fix a few things but tenant pays every month, on time. My dad did not ...
Hi BPers,
I saw an accountant state that [b] rental property maintenance expenses
for plumbing repairs and painting may have to capitalized and depreciated over x years instead of a straight expense[/b] in the ye...
I have 9 properties. 6 with note from private investors, 1 with wellsfargo, and 2 I own outright. Can I take money out or someone leverage the two properties I own? Like a Heloc for investment property?
Hey BP, I help a lot of new investors and Househackers get their first property and I see people running into similar mistakes. So I wanted to create this post to help those looking to make their first investment! 1. ...
Hi,I just stumbled upon this idea of hunting down properties sold at tax sale that have overages and informing the prop owner and getting a percentage of the amount..I see alot of mixed opinions online. Anyone know if...
I am looking into purchasing a plex for my next investment. My current real estate agent got me into my current home and says she can also help me find plexes. Is there a specific "type" of real estate agent I shoul...
Does anyone have experience of renting out individual rooms on a long term basis out of a duplex/triplex? Basically, I've come across a property that is a duplex with 4 bedrooms/2 baths/kitchen in each. The current ow...
I own a home that has turned into an immediate problem child. There has been multiple break-in's at the property, some of which have been burglaries and some have been squatters. The individuals that broke in did the ...
I have read several threads on this, but I am a newbie and still a bit confused.We are married filing jointly with an income close to 150k last year. We own one rental property. No actual profit last year. Our monthly...
Hi everyone,I have a few questions around material participation for an STR:1) Activities that count: does anyone have a list of things we know for sure count (eg based on court cases?) Do home improvement activities ...