HiI’m confused about the Short term rental loophole. If my STR property qualifies for the STR loophole then can my long term rental property deductions then be brought over to offset my active income like being a real...
Recently purchased Reo Rockstar and they suggest providing a PoF from hard money lenders etc. Most of the REO's on our MLS says CASH ONLY. Does that mean that if I make a offer with a POF from a Hard Money lender th...
Hi. I know a person who is preparing to do a short sale on their home. I heard bells going off in my head. I asked her to tell me what the bank needs before she puts the house on the market. I've got buyers ready ...
Does anyone have any good resources for determining the best method for structuring a deal to purchase a single family house. I have a decent understanding of flipping, wholesaling, lease option, sub2. But looking f...
Hey everybody, Just getting started in Real Estate, and rental arbitrage struck me as something super promising. That being said, almost all cities in the Bay Area have some kind of Short Term Rental laws that prohibi...
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...
My partner and I are newbies but we have done quite a bit of research. We own a duplex that cashflows well. We want to do a few flips to scale up our Ops. We everything set up ie.. contractors, agents, financing, but ...
What is the best avenue to take to wholesale a house from a bank owner to a cash buyer when the bank will not allow you to assign the contract before closing (signing buyer, and/or assigns on your contract)?
Greetings BP Community! Question
Background-
I have recently completed a thorough renovation on a buy/hold property that I acquired Nov12. I have been searching to complete a cash-out refi and take out ...
I purchased a small piece of property next to my house to be able to access my current property for clean up. My neighbor is claiming adverse possession and taking me to court. To explain this parcel I bought and was ...