Emma Kellenberger
First investment property... but it’s not for sale.
28 November 2017 | 5 replies
Once the conversation starts, you will slow try to get a feel for the conversation and try to hint to him that maybe you are interested in starting your real estate career with your parents current rental and see if he would like to part with it. if he express some interest, then that is where the negotiation start, however if he doesn't express any interest in selling this house to you, ask if he has other properties that he wants to sell off.
Francis Dinh
Seller mistake lead to cancelling the contract
21 November 2017 | 15 replies
If the Commitment and Exception Documents are not delivered to Buyer within the specified time, the time for delivery will be automatically extended up to 15 days or 3 days before the Closing Date, whichever is earlier.
Sean Williams
Black Friday Appliances for Rental - Best Accounting Method??
30 November 2017 | 14 replies
The safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1) at the beginning of the tax year, the taxpayer has written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by invoice.Note: The cost for the Unit of Property includes additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the tangible property.Eg:A purchases 100 printers at $500 each for a total cost of $500,000 as indicated by the invoice.
David Ho
Auction dot com Post closing Remedy
5 December 2017 | 7 replies
David, auctions are typically as-is where-is with no warranties either express or implied.
Carrie Peter
Newbie trying to do a multi-family build job deal with a 1031
24 November 2017 | 6 replies
Several posters have expressed concern over the builder "running out of money".
Todd Dexheimer
BP Podcast - Thank you for listening to my episode #248
27 December 2017 | 14 replies
It has been so enjoyable to hear from people on the site that have expressed words of gratitude and connected with me on BP, Linkedin or through my new podcast.
Rachel Murphy
Does anybody rent out a place and then re-read it on Airbnb?
26 November 2017 | 21 replies
They all expressed willingness to sign a contract.
Attila Bertalan
Thank You from Sacramento, California!
24 November 2017 | 2 replies
First, I want to the Express my Gratitude to God in advance for the amazing thinks he has in the future for me: The Inspirations He will send my way during prayers and meditations; The blessings and guidance in my daily encounters; The amazing time to look forward to with family and friends; The Fruitful relationships I will continue to develop with my patients, clients, coworkers, fellow investors and entrepreneurs, and all other professionals; Abundant spiritual, mental, physical and social health; The constant awareness that “I don't wanna spend my whole life asking, What if I had given everything, Instead of going through the motions?”
Lior Reich
help please! I got a 62,000$ FINE to pay to city of Coral Springs
25 November 2017 | 25 replies
@David DuCille I can not express in words how much you just helped me. thank you!
Nina Grayson
% of Wholesale Assignment Fee to Real Estate Agent
14 December 2017 | 8 replies
If I am not the buyer then I am acting as an agent under express or implied agreement by the wholesaler to find properties for their cash buyer.