The goal of this work is to study a model of the wave equation with semilinear porous acoustic boundary conditions with nonlinear boundary/interior sources and a nonlinear boundary/interior damping. First, applying the nonlinear semigroup theory, we show the existence and uniqueness of local in time solutions. The main difficulty in proving the local existence result is that the Neumann boundary conditions experience loss of regularity due to boundary sources. Using an approximation method involving truncated sources and adapting the ideas in Lasiecka and Tataru (1993) [28], we show that the existence of solutions can still be obtained. Second, we prove that under some restrictions on the source terms, then the local solution can be extended to be global in time. In addition, it has been shown that the decay rates of the solution are given implicitly as solutions to a first order ODE and depends on the behavior of the damping terms. In several situations, the obtained ODE can be easily solved and the decay rates can be given explicitly. Third, we show that under some restrictions on the initial data and if the interior source dominates the interior damping term and if the boundary source dominates the boundary damping, then the solution ceases to exists and blows up in finite time. Moreover, in either the absence of the interior source or the boundary source, then we prove that the solution is unbounded and grows as an exponential function.