Hello BP,If I take a HELOC on my personal residence, can the interest on this loan be tax deducted? The funds from the HELOC will be used to purchase additional investment properties.Thanks

Lessons Learned From Two of My Mentors

The real estate industry offers many ways to achieve success and many options within each path. I am sharing the lessons learned from two of my mentors; my father and his childh...

When putting together the list of people I need to do a 1099 Misc for, do I send one to the escrow company? If so am I only sending in the amount of their company fees or does the amount include down payment + lender ...

Thinking about some ways to do creative finances on buying property with no money down. If someone got a HELOC on their personal property and used the funds to buy a rental property in turn the income from the rental ...

Hi folks,My wife and I are moving to the Katy area later this year to be closer to family. We were thinking to rent for the first year or two rather than buy a primary residence; to make sure we like it and to keep dr...

After I bought a property, I had to replace the water heater right away as the old one was rusty and leaking. Of course I could not rent the property out without water heater being functional. Is it operating expense ...

My wife owned a property before we got married and then moved into my property when we married.  Her property is occupied by my mother in law and is now a second property.  If we sell her property, will the cost basis...

I have a 6 unit multifamily property under contract and the owner is unable to provide me with existing lease agreements. I did manage to speak to some of the tenants and some have been there over 20 years.  The rents...

Can a HOA Board member who is a contractor use his position to force owners to use his company for property improvements? He is also the head of the Architectural Review Committee. We submitted an application to build...

Who is doing surveys? I was thinking to start doing this regularly on move outs but also considering doing it for actives as well to improve the experience. If anyone has any sample ones for reference that would be ...