Rudy Estrada
Legal / Tax question regarding "partnership"
Hello everyone, I am a new real estate investor. I am currently on contract to purchase a condo in College Station, TX. My sister and I will purchase the condo on both our names and have agreed to be "partners" in the...
Don Solt
Tax Filing Advice for Family Member Living in a House (TurboTax filer)
Sorry in advance if this has been asked 100 times. I used the search feature but wasn't successful in solving my problem.My sister-in-law has been living in one of our houses for 2023. She covers the mortgage, that's ...
Jay Thomas
Real Estate Dealer vs Investor
How do you know if IRS tags you as a dealer. Every information out there is only talking about the differences between a dealer and investor. No one is really talking about the actual process. How do you know your cur...
Allan Rosenberg
Patch of land rate of defaults and return of overdue funds
I have loaned ( alot) of money to rehabbers and people flipping houses in NY and NJ.A while back I decided to try to invest a very small amount with Patch of Land ( $5000). I was tempted to invest in additional loans ...
Manuel Naranjo
The $250,000/$500,000 Home Sale Tax Exclusion
Hello my BP mates!!Just have a little question about sale tax exclusion. I purchased a townhouse back in 2008 and lived there until December 2014 when I rented the property and moved to a single family home. I sold th...
Paige Feddersohn
Good system to track net worth and loan summaries?
I'd like to have an organized system where I can input each property's market value, current debt on property (amortization schedule would also be useful), income and expenses? It can get confusing trying to keep trac...
Jim Bryant
Suing bad tenants and their hangers-on in Illinois
I went through most of an eviction with a lousy tenant and they have vacated the premises. I plan on getting the judgement in court for the eviction and I plan on suing them in small claims court for back rent, clean...
Jeannie Kenes
Investor from California
Newbie from Northern California. I'm interested in investing in rental property in other states and would like to learn as much as possible
Andrew Ramler
If I rent the property I currently have homesteaded will I loose
If I currently own and live in a single family property that I have homesteaded and decide rent it and move into an apartment can I keep my SF house Homesteaded?I am asking for a family member who lives in Dallas, Tex...
Maximo Dejesus
Possible subto with a deceased borrower on loan. Can this be done?
Pre foreclosure lead in Orlando. Original owner passed away about 3 yrs ago. Daughter now lives on property. Currently has an open case w/bank. Siblings have passed away and based on what she told me there is just one...