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Results (10000)
Calvin N. Reporting tenant debt to IRS
5 November 2007 | 8 replies

I have read, but want to confirm that I can report forgiven rent payments from a tenant as income to the IRS. The tenant moved out and owes me for last month and a half rent plus utilities. Instead of going after th...

Blaine Stolpestad New Member From Huntington Beach, Ca
15 August 2014 | 11 replies

Hello!My wife and I are exploring real estate as an income source to help us pay off our student loan debt and achieve the lifestyle we want. I realized some time ago that I would not be able to reach my financial goa...

Lem Diaz How do lenders view debt when looking at a 2nd investment prop?
18 October 2016 | 5 replies

Disclaimer: I live in the SF Bay Area (aka reallllly expensive to buy anything).Help me understand how lenders view debt.  So let's say I purchase a SFH for $800k and put down 160k (20%).  So now I owe 640k. For that ...

Marie Loz Timing out debt payoff vs any saving/investing, etc
13 October 2021 | 2 replies

Hi all - could use some advice. My spouse and I are in our early 30's and the pandemic was the turning point that really made us get serious about money. We are slowly learning more and more about what it will take to...

Brandon Eleazer Commercial loan structure with partners
18 March 2017 | 1 reply

Hi BP,Myself and two partners are looking into getting a commercial loan to buy a 6 unit building. We've spoke w/a few different local commercial loan officers, who all say that they require each partner to qualify fo...

Russell Butler Is the $0 personal investment deal real
2 February 2016 | 3 replies

I have, unfortunately missed out on several investment opportunities over the last couple of years due to my financial situation. My goal this year is to clear up my finances and start building my liquid savings to be...

Owen Reeter At what point in real estate do you really become financially free?
6 January 2025 | 2 replies

I am 20 years old and trying to learn as much as i can about real estate so that when i graduate college and have a steady income Ill be able to make smart investments hopefully leading to financial freedom. Now I am ...

John Friendas 15 vs 30 Year Mortgage for Investor
22 January 2025 | 2 replies

I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month ...

Amir Marcelin Brand new to real estate
31 March 2023 | 11 replies

Hi I am excited to start my journey at 20years old into not just real estate investing but also financial literacy. I’ve come to BP to learn real estate but most importantly understand the amount of work it requires t...

Daniel Restrepo first step to financial freedom
22 January 2021 | 7 replies

Im scared, but super excited to the point i haven’t been able to get full sleep. After so much sacrifice of building credit, getting out of debt and saving money i finally pulled the trigger. I’ve been pre approved fo...