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HI all, I had a tenant move in recently and they were supposed to move in with a dog. They reported seeing ticks upon move in (within the first week) and my pest control person went out there to remediate. The initi...
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Hello everyone, I initially came to BP in hopes of getting started... Family circumstances plus the reality of realizing that getting started will cost me gave me a jolt... The REI groups were even a bit costly, so......
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I am taking back a second lien on a property undergoing renovation. In a simultaneous transaction, I am entering a security agreement with the owner for a share of any profits from sale and (if applicable) rental, whi...
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I was hoping for some general tax guidance (US taxes). Of course I'll consult a professional, but I'd like to be sure that at such time I'm asking the right questions. I seeking to understand how to (or what options...
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Hi All, I was reading through the new proposed bill by the House Ways and Means committee on tax reform. There was an important change to the exclusion on the sale of a personal residence proposed that would affect pe...
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My brother is dealing with someone trying to sue them for problems with the house that happened 11 months after they sold it. I just wanted to see if anyone else has ever dealt with something like this. Here is that b...
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Hey all, I am currently in the beginning stages of starting a flip/buy and hold career that I am planning to at some point allow me to quit my 9-5 so I can pursue REI full time. I've always been in the mindset that I ...
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Hi, If I have a single member LLC where the member/manager is a Trust and Me and my wife are the Grantors/Trustee of the Trust with beneficiary as the Living Trust. In this case can the LLC be considered as disregarde...
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We are rehabbing a house in Seattle and trying to figure out what is the best way to flip the house and pay as little tax as possible on the net profit portion (I assume). The house is under a single person LLC (which...