Jamie Angst
COVID Rental Property Advice
Hello -
4 years ago I moved in with my fiance (now husband) and rented out my existing home. Everything went well until this past year where numerous repairs were needed. My husband and I agree that we need to sell ...
Cindy Joseph
Weeds in pavers
We purchased a duplex last year. The previous owner did backyard pavers without a weed barrier underneath in the backyard. There are significant amount of weeds growing between them. Would a sealant work to stop the...
Rehana Shrestha
Purchased property at auction and previous owner had bankruptcy filed
Hello,I recently purchased a property at the auction in Virginia on May 28. There are people currently living at the property. The previous owner informed me that he had filed a chapter 7 and 13 bankruptcy for whic...
Cristian Portillo
Stock market is down, is real estate next?
Right now looks like a good time to invest in the stock market but my question is will real estate be headed in the same direction as the stock market? Foreclosures? Evictions? Will prices drop? Just interested in hea...
Lloyd Segal
Economic Update (Monday, January 25, 2021)
Economic Update
(Monday, January 25, 2021)
There aren’t many people—apart from, say, Elon Musk—who are going to look back fondly on 2020. It was a year of illness, pain, uncertainty, an...
Jonathan Sexton
Tax Break for Landlords - Disabled Tenants
Greetings,I'm a total real estate investing newb. My wife and I are looking at our first multi-family rental property. The property already has tenants. One of the tenants is disabled. Are there tax breaks on your pro...
Deisy P.
Illinois Legislature Meeting to ext moratorium to SEPT 2021
certain politicians in Springfield are pushing legislation to pass the Illinois legislature THIS WEEKEND. I am requesting all landlords and their employees/agents/other stake holders to click the link below (to conta...
John B.
Tax implications of IRS 121 for the sale of a home???
I am selling a home that I have lived in for the first two years of the last five year period. During the most recent five years we have been renting the house out. What are the tax implications for selling the house?...
Alejandro A.
Investor Property taxes
Hello I'm researching the Cleveland suburbs to invest in rental properties and read a Biggerpockets forum on property tax, and although there are some comments on the issue, I'm still unclear whether investors will pa...
Gus Muller
First wholesale deal, 5-plex, tough deal
Investment Info:
Large multi-family (5+ units) wholesale investment in Saint Paul.
Purchase price: $275,000
Sale price: $282,000
Found a motivated seller for a 5-plex that needed rehab. Original plan...