Scott Sampson
Potential in Bankruptcy deal
I looked for posts on this in the forums and didn't come across any (might not have been typing in the right search words). I was leaving a nice neighborhood with a friend that just moved there recently. Their in-laws...
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 ...
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...
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...
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...
Vik Ari
Urgent question pls help
hi,
i bought a rental condo for 160k and its a down in price around 130k. its rented out and it covers my mortgage, taxes, fees and costs. I was looking to refinance to lower the month payment on my mortgage, but I t...
Alexandra Jimenez
Rehab Advice for an Non-Rehab-Savvy LTR Investor
I recently bought a multi-family in Louisville, KY and was expecting to keep the 3 leased units as LTRs and turn the 1 empty unit turn into an MTR. Unexpectedly, one of the LTR tenants moved out and left me with a MAS...
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?...