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Results (461)
Sam Faas Tick Infestation upon move in
17 October 2023 | 2 replies

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...

Davetta Johnson-Ajavon New Member Returning to BP
10 October 2018 | 5 replies

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......

Philip Pape Tax rate / treatment for short-term profit on security agreement
13 October 2016 | 2 replies

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...

David Gotsill Tax Treatment for a Condo Jointly-Owned with Adult Parent
30 June 2016 | 3 replies

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...

Matt Scholten Update on Tax Reform - Sale of Personal Residence
5 November 2017 | 12 replies

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...

Kyle L. Trying to sue in Denver for boiler issues
25 November 2017 | 3 replies

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...

Russell Naylor REI for the greater good
29 March 2016 | 2 replies

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 ...

Salim Bhuiyan 1065 or 1040 Schd E for Trust-based LLC
8 March 2021 | 7 replies

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...

Steve Lee Tax implications on Flipping houses in Seattle
9 May 2016 | 5 replies

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...