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Results (1,237)
Bramheswara Bandaru Tenant was hospitalized and now back home. Rent not paid. Help!!!
28 November 2016 | 11 replies
If she doesn't pay, you'll have to send her a predicate notice (typically rent demand but this is jurisdiction specific) and commence a proceeding in housing court thereafter.Just note, any sort of payment plan you come up with out of court, while indicative of certain things does not give this agreement "teeth," and almost certainly will not allow you to speed up the eviction process. 
Tammy DiGiamarino Mobile Home Flipping and Financing and Mobile Home Parks
24 January 2018 | 28 replies
(a) No person shall engage in the business of making residential mortgage loans or servicing residential mortgage loans, in this state, without first obtaining a license from the commissioner in accordance with the requirements of Chapter 2 (commencing with Section 50120) or Chapter 3 (commencing with Section 50130), and any rules promulgated by the commissioner under this law, unless a person or transaction is excepted from a definition or exempt from licensure by a provision of this law or a rule of the commissioner
Joseph S. 1031 Depreciation
6 April 2016 | 5 replies
As also previously noted the taxable basis to commence the depreciation on the newly acquired property will be the basis of the newly acquired property less the allowance for the land value of the new property and depreciation broght forward from the sold property.The complexity of the transaction is why the assistance of an accountant is necessary to structure the transaction.  
Ashley Harris Older Mobile Home Park - Deal or No Deal?
25 January 2016 | 9 replies
I am almost sure that there is no recorded deed at this point because the owners bought the property with the well and then commenced adding mobiles and septics over the years.  
Bradford Myatt Property Owner Liability on Tenant Making Improvements
6 June 2017 | 5 replies
I think it would come down to a burden of proof as to how the project commenced in the first place.
Ned J. Picking my next tenant
2 November 2017 | 18 replies
All payments made by Tenant to Landlord after the tenancy commences, no matter how designated by Tenant, will be applied as follows: first, to any outstanding amounts due for damages/repairs; second, to any outstanding utilities; third, to any outstanding service charges and fees from prior month's; fourth, to any rent outstanding from prior months; fifth, to any service charges or fees due in the current month; and finally, to the current month’s rent.Payments should be sent to: Payment address: _________________, or at such other place as Landlord may designate from time to time.
Sheree H. would you start eviction over $50? $160?
29 January 2014 | 46 replies
All payments made by Tenant to Landlord after the tenancy commences, no matter how designated by Tenant, will be applied as follows: First to any outstanding amounts for damages/repairs, utilities, etc.; second, to any outstanding service charges and fees from prior months; third to any rent outstanding from prior months; fourth, to any service charges or fees due in the current month; and lastly to the current month's rent."
Jennifer Van vlymen Tenant issues some advice
25 May 2019 | 17 replies
Judges love to see that you were more than reasonable and acted professionally before commencing eviction proceedings.
Andy Rousch Question my MBA professor asked me, looking to surprise him
26 August 2019 | 17 replies
Residents will thumb their noses at the apartment owner and try to get the owner to commit an infraction for which legal or civil action can be commenced in order to recieve a payout or get free rental.6.
Mike Pichik IRA to 1031 for Real Estate Invenstment
6 October 2016 | 5 replies
Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016; the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)