Lydia Wright
Purchasing Second Home and Using Current as STR/MTR
I'm currently in a 2b/2ba in East Nashville. I just took out a HELOC on my mortgage (conventional loan) with the hopes of buying a larger place in the same area, and using my current place as a short-term or medium-t...
Renel Domond
New to Real estate investing
I am new to Bigger Pockets and look forward to this journey of real estate investing. Appreciate the love and guidance ahead of time!
Arun Chandra
BRRRR method using IRA partnered with personal funds
Hello,I have been working on a investment plan and would like some guidance. I want to purchase a property with cash from a IRA and put the IRA and myself as percentage owner on title. I spoke with the self directed I...
RJ Javalgi
New member to Bigger Pockets!
Hi Everyone! I'm RJ, a Cleveland Ohio Native and a novice real estate investor. I've devoured every book published by BP and am currently reading J Scott's e-book on recession proof investing. They all have been incr...
Carlos Little
How to report taxable gains on NPNs
Hello everyone,
I am about to begin investing in notes myself, but I have a conflicting question posed by a client of mine who also invests in non-performing notes.
How do you report any gain from these...
Kristina Knowles
Alabama Tax Deed question
This is one I have not seen before and wondering if someone in this community could provide some guidance. An investment company is holding a Tax Deed on a property, but have not paid the taxes in the last three years...
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Account Closed
Paid HOA dues however....
Hi All,
New member and needing some advice/guidance. I moved in my house in 2019 and I have paid my HOA dues in 2021 and 2022. I received a letter in the mail stating they received my payment for 2022 but I have an o...
Andrew Sawczyn
Reduction in basis of a rental property by depreciation allowed.
I've had several homes (all initially built or purchased as personal residences) and calculating depreciation always seemed straightforward to me, but I am stumped at the following paragraph :From IRS publication 946 ...
Francis Maduka
Loan Documentation Specialist referral.
Hello everyone,
I'm in the process of securing a loan, and I've received some loan documentation from the lender. As someone who values precision and organization, I want to ensure that I'm preparing these documents ...