Do I understand correctly that one can deduct that portion of your home's property taxes as a business expense that is used for your business?If so, is that based on the square footage used to support the business? In...
I am currently closing on a home and just had the home inspection and would like to educate myself further on the basic workings in the house (i.e. plumbing, electrical, heating). Could someone recommend a good book ...
I have had great success with this. I take run down single families on busy streets with high exposure near hospitals. I then renovate them where second floor is living area and the first floor is professional home...
I normally forbid tenants from operating a business from a residential property. However, we have a house on 100 acres and a tenant that wants to breed high-end dogs. These are professional people, not a puppy mill, a...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $455,000
Cash invested: $32,000
This was a primary residence purchase. Long term buy & hold and live in while f...
Hey everyone - super happy I found this forum. I'm here to look for advice and potentially connect with someone who can help us with our investment plan.
We're a couple with no kids who are thinking of working remote...
So I hear plenty of stories about markets these days which are much healthier than the one I’m in for new construction and it makes me wonder what the real barriers are to being successful from a distance. How many o...
Hello all BP members,This is more of a house hacking question on a primary home one lives in for my area in Maryland- Montgomery county in particular. If I like to rent my basement with a full Kitchen which was finis...
Does anyone have a recommendation for a home inspector based in the Chicago, IL area?Thanks for the help!Chris
Hello, I am reaching out because I have a few questions about taxes and an LLC:
1st. For Tax purposes; is it better to start a Single Member LLC if you are a married couple and your business is a Home-Based LLC? ...