A local HVAC company has been working on the AC unit in my rental since mid July. They came out at least 5 times in total, and told us that there are more things to fix each time. Finally, we decided to get a second o...
Hi all! I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.I own, through a LLC, a few rentals which are fully paid for, and am in the position to ...
Hi,
I was wondering if I could get some opinions on this contract? This was wrote up
By a Realestate attorney. The only thing I see that is concerning is the nonrefundable escrow money. What do you guys think...
Hi everyone, I am new to BP and am looking for some career advice. I am a prior service Air Force firefighter looking for a career change and I’m thinking about chasing my passion for real estate. My wife’s occupation...
So I just recently purchased a duplex back in May of this year, we have inherited the tenants who have been there for years and they seem to be good and even paying rent early. One of them brought it to my attention t...
Hi all, I have a question and didnt know where else to post this. I have a note from my business partner buying out my share. The note is secured with a first lien against the business, however no property. The sale w...
I was wondering if anyone has any hands on experience working with a bank to pay off the first lien on a property after they have bought a property at a foreclosure on a junior lien. There is a property worth about $3...
I was looking at MHP's in FL and read on one of the forum's in BP that FL tenant laws were generous to MHP tenants. I also remember that Frank and Dave do not buy property in FL. Are the tenant laws in other states a...
I have yet to experience depreciation recapture, since none of the syndications I participate in have exited.My question is this. I have had paper passive losses on all K-1s filed with no passive gains to offset(I’m a...