Alex Hamilton
Need Advice on "Sale Subject to" Agreement in Louisiana
I'm accused of not paying the mortgage for a home I was renting out. Whenactually the home was sold to to the plaintiff in this matter on a "Subject tothe Existing Mortgage" transaction. The plaintiff missed a coupl...
Andy K
Sewer line backup happened twice due to tenant negligience
Hi all,We have a rental property, where we had a sewer line backup happen in February last year. The sewer water came out of the toilet on the first level and destroyed the carpet, drywall, etc. Had to call the insura...
Justin Morris
Buying Mutifamily Property with FHA 203K
My wife and I are considering purchasing 2 unit mutifamily home, probably a duplex in the northern NJ area with FHA 203K loan. We'd live in one unit and rent the other one out, can we use the income from that 2nd unit...
Melissa N.
Out of State Tax in Columbia SC?
Hello BP family, We are looking to buy in Richland county (Columbia South Carolina). I know there is a higher tax rate for non owner occupied SFR but does the tax also apply for small apartment buildings (10 units)??T...
Account Closed
Tax benefits with real estate
Hey guys, I got married this year and I’m trying to find my first real estate to buy. Because of the amount of standard deductions I will now get, I was thinking that taxes will be better if I get depreciation instea...
Russell John Walsh
Owner occupied 2 on 1
Hello, Is an owner occupied 2 on 1 in the County supervised part of San Diego exempt from fair housing? I am not in RE in any way and it is the only property my wife and I own.Thank you,
Nicholas Z.
Best way to use a line of credit for real estate
I discovered I could get access to a couple lines of credit recently, so I went ahead and opened them. Then I realized I wasn't quite sure how to use them to invest in real estate. From my research, it seems like the ...
Angel Latimer
"SHORT TERM RENTAL"
hello im new to the short term rental business and im in planning stages right now. Im trying to get a grasp of how this works "codes" and city/county zone permitting to let you do short term rental on your property h...
John Stapleton
Best HELOC Option???
Plan to get a HELOC for down payment on my (future) first deal. Are small local banks or large banks a better option?
Marysue Connelly
1031 Exchange into a LLC
HI, We are trying to 1031 a single family rental currently in our own names (husband/wife) to a multiplex under a LLC with both our names on the LLC. We are getting conflicting advice from attorney and 1031 speciali...