Fahrudin Kostjerevac
Hard money lending
I am new to Hardmoney lending and have successfully received a return on my investment with three properties. However, one of my properties has a 6 month term. The borrower and/or title company did not contact me f...
Julio Gonzalez
BiggerPockets - Tips on How to Avoid an IRS Audit
When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...
Jennifer McDuffie
Preservation or Permanent improvements?
First of all let me say thanks in advance for any feedback. To get strait to the point, I purchased property from the state of Alabama for back taxes. This land contained a dilapidated home. The county's revenue co...
Gerard Gonzalez
Claim Power equipment on taxes
BP, Now that tax season is over I was wondering if anyone tried to do something like this, this year. I have three property's where I handle the lawn maintenance. Currently I have a push mower at each propert...
Adriese Williams
Judgement for tenant damages beyond security deposit in NC
How do you file a judgement against a tenant for damages beyond the security deposit? My contractor quoted me about $6000 in repairs. Security deposit is $1,200 so about $4,800 in damages. Thanks in advance!
Jason Crowe
What happens tax wise when switching property personal to LLC?
Need to know the Tax implications of switching and how this is accounted for?
Taylor C
Need help with offer strategy for oil in back yard
Wondering about your thoughts on this one...
The property is a foreclosure. It hasn't been on the market long enough to have any price reductions.
* Listed at 75,000
* ARV 135,000-140,000
* 3bed/2bath brick - stripp...
Joseph Bogart
Buying a condo 'as-is'
This will be a cash purchase and since I am on the board I am aware of any issues in the complex. The only thing I can figure I should check is to have a title search completed. How do we get this process started? ...
Dylan MacDonald
Quit claim deed transfer to LLC - looking for a RE lawyer
I own a multi-unit building in Detroit with my brother. We just transferred the title to our LLC via a quit claim deed. I want to ensure that all of the details have been properly completed, that our personal liabilit...
Mike F.
Title insurance question
After reading several post on the subject I'm still a little confused, please help.When buying property's from web base auction houses like HUBZU, they offer to split closing cost and they purchase title insurance for...