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Results (10000)
Patrick Nickell Owner Occupied Duplex - Real World Situation - Can't Really Template
15 July 2023 | 17 replies

Hi everyone. I am new here so please be gentle. I have been doing a TON of research and am new to the world of real estate investing. I have consumed a ridiculous amount of information and at this point everything is ...

John Bell Seller Trying to Back out of Contract
7 January 2020 | 25 replies

I have my first rei property under contract and we are scheduled to close this Thursday. The price agreed was $47,000 plus the seller putting $2,000 towards closing. Today the title company sent the seller and me the ...

Thiago Zanetti Accountant fees, am I paying too much?
18 January 2021 | 23 replies

hi,I opened a business in the USA in 2017 to sell fishing trips to the Brazilian Amazon intermediating the best outfitters. With company's profit invest in real estate in the USA.We were starting to move on when the w...

Christine Krizenesky LLC - How do I pay myself?
3 March 2019 | 15 replies

We have 2 duplexes in a LLC. We recently bought the second duplex and put a lot down. So there isn’t a lot left for unforeseen expenses. I haven’t ever paid myself anything as I was always trying to put away for any e...

Matthew Tanis When to begin eviction process
19 September 2018 | 6 replies

I recently purchased a duplex with 1 long term tenant, 1 shorter term.  It's in a recovering area and rents are reasonable.  Our short term tenant had a third party paying their rent before, but this is the first mont...

Atul Mohlajee Tenant with late payments
26 January 2021 | 10 replies

I have a tenant (Couple) for 7 years who is late 11 months or more out of a year a year. Pays late fee, is sometimes a month or more late, catches up and then again becomes late with again. All excuses heard includin...

C. J. Is it OK to payoff a mortgage just prior to doing a 1031 exchange?
1 July 2023 | 7 replies

If a mortgage is paid off right before selling the home, can we exchange all the proceeds of the sale with no tax consequences? 
For example, suppose a home is worth $400,000 with a mortgage of $160,000. If the mortg...

Cedric Van Duyn Government Shut Down Affecting Rent Payments
22 January 2018 | 7 replies

Hi BP Landlords,

I have a military tenant and he just called to say that his February rent will be paid “as soon as the Government Shut Down is over.”

What is the best way to handle this situation, especially as the...

Raza Rizvi Selling a property and confused with capital gains
4 March 2019 | 10 replies

Hello fellow investors. I had a question. I am selling an investment property and wanted to understand capital gains correctly. When I purchased the property I put down 25% downpayment of my own money + closing costs....

Andrey Y. Cash out refi, simply for interest tax writeoff
27 January 2015 | 11 replies

Hope everyone is having an awesome Tuesday!Would you guys do a cash out refi on a property purchased with cash, simply for the purpose of writing off mortgage interest? I believe you can write of interest up to a max ...