Tyler Neison
Converting STR to LTR complications after cost seg
Hello, While I am in the process of finding a new CPA thought I would pose this question here and hope someone has been in the situation in the past. I am planning to buy another SFH property this year to run as a STR...
David Y M.
Complicated Inspection Report Findings and Need Foundation Help
I just had an inspection report on a home, and there are some issues that worry me. The previous owner had foundation work done to home, but he has poor records and does not have documentation of it being done - easy ...
Karl Mueller
Complicated short sale to end my investing career?
I need some expert advice. I apologize in advance for the lengthy post, but I need to give some background on my situation. In 2006 my wife and I bought a condo (I know... Now) in Western CT for 280k in both of our...
Vanesa Gonzalez
Complicated tenants and I want them out asap
Last October I purchased another 2/1 SFH with the idea of flipping it. Paid 70K and spent 30k in renovations. Was very happy with the outcome so I decided to keep it as a rental. Found this old couple with 2 adult dau...
Bechara Jaoudeh
This deal has gotten complicated. Should I exit?
Hello BP,
I'm new here. I've been reading the forums for a couple of months and now I need a sounding board. I'm new to real estate but not new to business.
My wife and I found 2 duplexes in the suburbs of Philadelp...
Aaron Smith
Is this deal too complicated for a newbie?
The newbie is me and I want to do three things in next twelve months and the first two are related.
I love my neighborhood, but meh about the house. It is halfway paid off and my wife and I would like to move for a m...
Cam Jimmy
A few complicated tax questions! CPA's please help!
My situation: I was living in my own home for more than half of 2016, and I recently bought a duplex. I am now living in 1/2 of my duplex, while renting out my old home and the other half of my duplex. I usually use t...
Lance Smith
Tenant Screening Guidance and Move in Date Complications
Hello BiggerPockets!I've acquired my first rental which I believe will cash flow well due to interest only financing. It is actually my primary residence as of now but we are moving in November to a new build. We have...
Joe Ebanks
Deal Analysis on complicated property. And appraisal question.
Hi all. Im looking at a 12 unit apartment complex for sale near where I live. The owner recently passed away and the heirs had it appraised and are selling it now. It has 11 units occupied and 1 unit vacant for showin...
Charlie Chew
Switching from salary to commission causing loan complications?
Hey guys,I recently spoke with a lender about getting prequalified for a loan, and explained to the gentleman that I'm about 4 months away from rolling over from a salary position to a purely commission based pay, and...