Account Closed
Comps and Appraisal confusion
In my areas I rarely have problems understanding the comps unless the properties are non conforming. I'm working with a property that is exactly like its neighbors. A little subdivision of low quality constructio...
Willis Chur
Finding a realtor willing to make multiple offers
I often hear BP discussions around having a funnel and putting out lots of offers in order to get good deals. However, I haven't found many realtors out there willing to make 10+ aggressive offers for the possibility...
Brendan Hayne
Dealing with Encroachments
Hoping to get some thoughts from the investor community. I purchased a remote property with a cabin last year at auction in San Diego, California. It was very cheap but had some known issues. My intention was, and s...
Josh Boyd
Sell my house to my LLC?
Newbie here looking to structure first rental.Scenario: I owe 229k on my personal residence house. It is currently valued at 390k. The 70% LTV would be 273k. It needs 10k of work. I have another house I would lik...
Jake Sklanka
Are EOY Charitable donations from S Corp tax deductible?
Hello BP Community,I recently set up an S Corp for my RE business (Colorado RE Broker) at my CPA's direction. He's been out of office for the past few weeks and I want know if there's anything else I need to do before...
TJ Sherrill
What is the exact process to buy/sell mobile homes in Washington State
I have several mobiles in mind and plan to make a contingent offers on both (subject to inspection).I know that they are personal property and so not subject to some Real estate taxes. My assumption on the process i...
Dan Kelley
Deduction: May be superior to home-office deduction?
I learned of this deduction at a real estate training. It may be common knowledge to you all, but I mentioned it to my accountant and she had never heard of it. Let me know what you think!Rather than using the "home-o...
Daniel M.
Planning a Sustainable Duplex on a $200K Budget for Positive Cash Flow – Need Your In
Hello BiggerPockets Community,
I'm in the planning stages of an exciting project that aims to construct a sustainable and efficient duplex with a budget of $200,000. The project's primary goal is to offer comfortable...
BJ Everson
Columbus, OH Contractor Referrals
My contractor moved out of state earlier this year and he has been very difficult to replace. Does anyone have a general contractor to refer that can handle full renovations?
Ken Radino
Changing Names on a Deed
Hello fellow BP members,
I have a personal question to ask:
My In-laws own a townhouse close to my residence. My father-in-law just recently passed away to bad health. My mother-in-law wants to add ...