The landlord-tenant world changed last night. The US Senate’s COVID-19 bill changed the landlord’s rights. That bill, passed last night, affects landlords that have federally insured (or “backed”) mortgage loans. T...
We've never bought a property through foreclosure and have recently run across several possible acquisition properties that have peaked our interest.Although I've never bought property in this manner I have watched pr...
I am a landlord of a 4 unit building where I rent one unit to my sisters ex boyfriend/baby daddy. I keep the property keys on the key holder on the wall. My sister took the ex boyfriend spare key off my key ring witho...
My tenants gave me 30-day move out notice, and they were supposed to move out by 7/31. It’s been two days but they still have their cars in the driveway, and have some stuffs in the house and garage. It looks like the...
Hello Bigger Pockets Community!I'm running into a few issues with my tenants where they haven't paid the rent in months. I gave them a 14 day notice to quit. An additional 30 day notice for non-compliance. I filed a s...
Hello all, I have about 3 weeks to nominate a replacement property for my 1031 exchange and am looking for a CPA who can answer questions regarding the tax liability when the replacement period straddles tax years lik...
I hired a insured, licensed, bonded general contractor to remodel the bottom unit of our building. According to our contract, he was to be paid in phases until the completion of work. He kept collecting advance paymen...
hey BiggerPockets community, I'm just getting started in real estate and following popular belief, I was under the assumption that for tax and liability benefits the first step was to get some corporate entity set up ...
In short, I don't think so. If you don't agree, please provide some insight and fill me in on what I am missing. There are two big clues that a foreclosure wave is not imminent. The first clue is in the first quarter ...
Ran into a tricky problem this weekend & am wondering if its one anyone else has experience with. Any help is appreciated. So several years back I started a self-directed IRA to buy Property Tax Certificates. T...