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Results (851)
Michael Moreno Seeking Advice on Amending Tax Return for Rental Property Expenses
8 April 2024 | 8 replies

Hi everyone,
I recently purchased my first single-family property in 09/08/2023 and converted two smaller rooms into rental units while occupying the principal room. I invested approximately $4,000 in furnishing thes...

Shane Hetzel Home Staging Advice and Recommendations in the Boston Area
16 February 2016 | 1 reply

Hello all,I am very excited to be putting my first two properties on the market in the next several weeks after converting my two family home to condos. I have done an extensive, almost gut-to-the-studs renovations on...

Gary F. CPA or Tax Experts: 2018 House Hack/Rental Property Deductions?
20 March 2018 | 3 replies

It seems because the new 2018 Tax Reform laws are so new I can't seem to find real answers. I searched here and nothing for 2018 tax year came up. Maybe a CPA can chime in.  Scenario:Im renting out rooms in my primary...

Nick Rutkowski AirBNBing my 5 unit apartment
16 January 2019 | 9 replies

Does anyone have experience/ could give me their feedback on my idea? I have the opportunity to turn my 5 unit into an AirBNB. I’ve talked to my tax accessor, code enforcer, and village to make sure we comply with zon...

Mel Kirchhoff STR transitioning into furnished LTR options - Advice needed!
6 January 2025 | 9 replies

Hi BPers!
I have an STR we've run for about a year. While it's positive after expenses and has potential for improvement in year two, it’s been a bigger hassle than anticipated and taking attention from other priorit...

Alex S. Converting Long term rentals to short term
26 April 2021 | 2 replies

Has anyone converted their Long term rentals to short term?  I have heard of sorties of income significantly increases when done properly?
Are there short term rental managers ( airbnb, vrbo) What is the range in fee...

Chauncy Gray Furnishing (Short-Term Rental/Air Bnb)
10 April 2022 | 2 replies

Hello,I am reaching out to ask for recommendations and advice on how to furnish a rental as I intend to use for Air Bnb. I have seen companies that loan their furniture but I would rather make the one-time purchase of...

Phat Dao Is it worth it to replace a radiant heating system?
28 June 2022 | 3 replies

Looking to maybe get into my first BRRRR property or flip it if the numbers look right. It is an older house with a radiant heating system. Is it worth it to replace it with a forced air heating system?

Amanda Salovitch Vacation rental question
15 October 2021 | 8 replies

Getting my first vacation rental and realizing furnishing it is more expensive than I thought! Any tips for where to get stuff cheap?

Justin O'Malley Tailoring your space to Young Professionals
11 January 2021 | 2 replies

Hey folks,I'm shopping for my first property that will be a house hack so I will be an owner occupier with roommates. I know there are exceptions to fair housing when you live in a property since the tenant will be yo...