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Results (10,000+)
Cameron Wutzke Parents forced me to co-sign for my credit, does this bar me from FHA?
25 March 2023 | 8 replies
Ethics of this aside, would this prevent me from doing a first time homebuyer loan? 
Delin W. single member LLC -- in husband's or wife's name?
9 May 2012 | 10 replies
If one person of the couple does most of the work in the business and the other person has a W-2 job, it might be best to put the LLC in the name of the person who is doing the work.If you really want to get creative (both with liability protection and with tax treatment) you will have multiple entities with different agreements between the entities (e.g., assets owned by 1 or more LLCs, management company that is a corporation, limited partnership in the family that is an umbrella entity for the others, revocable trust to eliminate probate, etc....)
Tom Suvansri Investing outside of hometown
21 August 2015 | 28 replies
I would be buying the cheapest, but not totally wrecked property in a safe neighborhood (specifically no shootings and low crime).My target tenant is likely someone who has some financial hardship but still maintains traditional Midwestern values and work ethic.
Josh L. Fixture- Who gets to keep what?
16 October 2014 | 8 replies
If they do not, then the cost or replacing the coverings would be a reasonable charge, perhaps one hour of labor plus costs of hardware required if they lost it, or the coverings if they don't have them.Now, if your lease agreement had specified the replacement of window treatments the contract would govern, obviously this matter wasn't addressed.The same thing applies to light fixtures and ceiling fans.
Nate Michaels Owner-occupied duplex, how to depreciate properly
4 October 2022 | 3 replies
You will have two separate depreciation schedules, each on a different timeline.The key point here is that even though you have two units under the same roof, the IRS says you have two separate properties and each has its own tax treatment
Mike Morey Early termination of Lease by tenant
12 September 2016 | 10 replies
The soonest they could schedule the initial treatment was 6 days afterward.
Debbie Arnold Anyone ever rented out home for Adult family home use?
27 January 2021 | 10 replies
Adult family home means a place where 3 or 4 adults not related to the licensee reside in which care, treatment or services above the level of room and board, but not including nursing care, are provided to persons residing in the home as a primary function of the place except that it does not mean a place described in ...Aug 13, 2015
Michael David New to BP we're in Houston, TX - Buy and Hold, Handyman
26 December 2013 | 25 replies
This would definitely be considered an ethics violation.
Jay S. Post an example of your creative financing deal you've done
29 September 2014 | 55 replies
Before you can be creative in financing you must first know conventional financing, there are rules and laws, you can't just dump out a box of ideas or agreements and expect something to work, you build the financing transactions just like you prepare a meal, one ingredient at a time ensuring each is added at the right time, just enough to provide the intended results while keeping within a legal and ethical framework.You're never going to paint a master piece with a paint by numbers set. :)   
Caleb LaBelle Medium Term Rental Tenant Situation
7 May 2023 | 4 replies
She is here in Denver because she is getting special stem-cell treatment for a rare disease that she has and needs to be near the hospital for ongoing appointments.