I am requesting inside regarding my filing requirement in California.Background-I am a California resident on active duty stationed in Washington. I am considered a nonresident for California tax purposes and as long ...
Hi BP community, I am a small investor from upstate NY. I have 5 rental units, 1 a single family home and 2 two family homes that I rent.I am Wondering how the math works when calculating a loss on one rental property...
So I posted recently about the new HUD regulations regarding tenant screening and blanket denial for any criminal record. It created a very interesting discussion, but also prompted some questions, at least for me.I'v...
I'm looking for some expert tax advice on this situation and willing to pay $$ for it. In essence, we've recently received loan proceeds into an S Corp which is a single-asset entity owning a large commercial property...
Hey BP, been learning a lot about seller finance, subject to, and all that good stuff.Just want to confirm something here.When seller financing vs traditional sale, one of the perks to the seller is that they don’t ta...
Hi BP,My partner and I are talking to an older gentlemen (in his 70's) about selling his property. He's motivated to sell because his wife and kids are in a different country and he's looking to move closer to them. I...
I recently put an offer for a house that needed some work through an agent. They were asking $93K but I offered $80. Current owners want to move out to build another bigger house. How can I know if he actually subm...
A Closer Look to Broward Single Family Homes
Closed Sales: In June 2024, Broward County witnessed 1,138 closed sales of single-family homes, reflecting a 9.4% drop from 1,256 sales in June 2023. This dip is just a pa...
A Closer Look to Miami Single Family Homes in Miami Dade
Closed Sales: In June 2024, Miami had 966 closed sales of single-family homes, just a bit lower than the 1,004 sales in June 2023. This 3.8% decrease is a gent...
Inspired by @Tyler Jahnke and others on BP I've decided to chronicle my experience regarding the property i've purchased with MI & OP management company from now for as long as i own it. The purpose is to hold the...