Michael Medaglia
Proving “Use” Requirement for Full Exclusion of Gain
My wife and I are approaching 2 years of ownership and use of our only home as our primary residence in which case we should qualify for full $500 exclusion of capital gains upon sale. The problem is she is not on the...
Michael Narup
Time it takes to transact a "Subject To"
Hi BP community, I am following up some Pre-foreclosure leads and would like to know how long roughly it takes to transact a "subject to" agreement. I know it is generally quicker than going out and getting a loan, bu...
Jacob Thorpe
Pulling out equity, HELOC, other stuff
Hello all, I have a property in DFW that I have a hm loan on. Due to a serious of misfortunate events I am in default now. I owe my lender about 8k. Right now my debt is sitting at around 154k (8k outstanding intere...
Clark Harbaugh
How to minimize taxes when dissolving partnership
We are starting the process of dissolving our investment business (LLC) that has two partners. We know we have to sell 1 property, but the rest will probably be distributed equally. My question is when we sell the pr...
Harind Singh
New Member from Nottingham UK
Hi All!My name is Harind and i'm a 26 year old from UK (Nottingham - East Midlands), currently working in the automotive industry as a project engineer. Always been interested in Real Estate and Investment in general ...
Miguel Torres
Community well worth it?
I have 2 rental properties on a 1.3 acre lot. I want to demolish one of the properties and build 4 single family or townhomes on the lot (Total 5). I've done all of the surveying, preliminary plans, zoning checks etc...
Graham Smith
HOA lien on off market deal
Hi BP!I'm trying to buy an off market property and the seller and I have an agreement for me to buy it. But I just found out the president of the HOA said this person hasn't paid his HOA dues for 5 years so around $5K...
Matt Shields
Seattle Bans Landlords from Running Criminal Background Checks
http://reason.com/blog/2017/08/18/seattle-bans-landlords-from-running-crim
Brian Cannon
Potential STR Areas in in Tx
Hi All, Still relatively new to the Dallas area and was curious on thoughts on the Garland, Tx market for STR? Also was wondering if anyone knows a solid design team that is priced fairly, and how I can find a solid h...
Raul R.
New NYC Airbnb law just passed
https://nypost.com/2018/07/18/nyc-bill-passes-to-force-airbnb-to-give-up-names-addresses-of-hosts/
For anyone doing Airbnb in NYC, are you concern about this new law or see it as a positive (less competition)??