Elijah Householder
Buying a SFH with a rented ADU that is un-permitted (First time buyer)
Hi all,
I hope everyone is having a good weekend!
I am newer to this forum so apologies if I am posting in the wrong place but I have a couple questions about purchasing a SFH with an un-permitted ADU. This is my ...
Jake Kucheck
HOAs and a Nash Equilibrium Conundrum
Came to an impasse with a retail buyer recently, somewhat of an interesting situation so I thought I'd share it with BP nation.
Roughly $750K owed on the property. Listed as a SS for $425K. Lender (our friend B of ...
Ken Nieves
Looking for 1st small MF: House Hack or Long Distance - Cash Flowing or Appreciating?
Okay...somewhat of a feeler post, to see if I am even close to being accurate, with my research.Currently looking in the Austin, TX and Boise, ID markets. I have selected these two based off of a few core criteria pr...
Maria Lamb
Do I need to send 1099’s?
I purchased a fixer apartment house, unoccupied, in 2020. It will be ready for occupancy in early 2024. My accountant said I didn’t need to issue any 1099s yet because the property is not in service as a rental. This ...
Miranda Obermiller
Dayton Area RE Experienced CPA?
Calling all Dayton, OH area investors, is anyone willing to share a referral for a great CPA with experience navigating buy and hold and flip investments?Newbie investors here jumping into our first BRRR after househa...
Brandon Curry
What are my options when my escrow shortage causes higher payment
I just got an escrow analysis from a new lender (transferred about a month ago) and there is an escrow shortage. The property is in South Carolina. (Columbia, Richland County) The increase would case the payment to go...
Angie W.
Always Verify That the Owner is the Owner on an App
Many people think that individual landlords are pretty stupid and lazy and that they won't check anything...
Just proved a point that was brought up a few days ago about verifying that you are speaking to the...
Frank W Lentine
LLC report tax on Sch C or Sch E
New Pro member in Phoenix, AZ. Just filed personal tax return for 2017. LLC holding our first 4 plex was filed a while back. I was surprised to find that depreciation was not deductible and loss was not reported as...
Matthew Figueroa
First real estate deal
Hello everyone. I currently own a home that I bought for $214,900 @ 3.625% 30yr loan in Dec 2017 using a VA loan. I currently owe about $211,000 on the property since its been in my hands under a year. I've recently g...
Payal Z.
Missing plant notice in las vegas
Hello, I've been receiving notice from my Hoa regarding a missing plant. I've owned the property for 4 years and there has been no plant in the spot they claim. I have picture from the mls before I purchased the prope...