Is anybody house hacking in South Bay CA?I'm really interested in the concept of house hacking and just finished reading the new book "The House Hacking Strategy". I care about school district and live in expensive ma...

Hello!We have a great new mortgage broker but I was just reading his engagement letter and they want us to agree that we will pay them another fee if we REFINANCE with the lender they've introduced us to within 5 year...

Help!Good afternoon BP Community! I stumbled about the site and it appears to be a wealth of information and I am excited to bounce around questions in hopes that I will get some help. I'm currently working for a real...

Cohoes, New York:  My tenant (and her co-signer) owes me 10k in backpay for rent. Her lease is up at the end of November. (This month) Our property manager said that the tenant's attorney wants me to renew our lease f...

I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...

I’m an investor and have 2 agents told me foreclosure house are not good choice to buy. It takes a lot of work and still no guarantees that it’s going to close on time on closing table. They reluctant to show foreclos...

A tenant has moved out of a clients property and owes 2 months of back rent in Philadelphia, PA. My client is curious what is the best way to go after the tenant, to sue in small claims court or to try to hire a debt ...

Hi guys,I have a property management company that has a separate bank account and all of my tenants deposit the money into this account. Lets call it "Mary's Property Management LLC"Is it ok to pay mortgages from the ...

Hi AllWe have a client wishing to utilize a sub2 strategy for several purchased in our market. Fantastic idea and even better deal if we can find a seller willing to cooperate. What is everyone's experience with this ...

Hello everybody,

I am trying to figure out the tax implications, if any, for a client who is doing a 1031 exchange. I don't believe she should have any tax implications but would like a 2nd opinion.

Ori...