Jeremy Zindel
Business overhead expenses on a Schedule E
Just wondering what the correct way is to handle business overhead expenses for my rental properties when it's time to account for those expenses at tax time? (i.e. cost for business PO box, Quickbooks, miscellaneous ...
Jephte Augustin
Mixed use property in Philadelphia
I'm looking to BRRRR a CMX2 triplex in Philly where the first floor must have a commercial section. I have a few questions I'm hoping to get clarity on. Maybe some people have encountered this before.1) As the owner, ...
Nat C.
How to collect late fees
I am wondering how I can obtain the late fees off my tenant.
She's now owing $250 in late fees. I also just got a $100 gas bill which she was supposed to change into her name when she moved in.
She refuses to pay the...
Jeff Gates
Tenant screening – what price is reasonable?
Tenants in the lower income group have a hard time with these fees. However tenants who hope to rent a home with a rent of $2500 a month or more, do not consider these fees too much.What is the right fee for Tenant sc...
Michael E.
Deal or No Deal? What's your vote?
Hello BP,
Okay here's the scenario. You have a deal in front of you. It's a base hit deal that cash flows and could turned into a triple but with one small caveat. The only financing available to you, comes with a pa...
Deonte Singleton
probate
Hey bigger pockets Im trying to figure out does anyone in Raleigh North Carolina know if you can obtain probate information online or do you have to retrieve them from the courthouse I know its different in different ...
Seo Hui Han
HELOC on personal property before changing to rental: legal?
Hey everyone,My parents have recently told me that their house is too big for them (4 bedrooms) and they would like to downsize to a condo/townhome. They don't want to sell their home, however, but would rather keep ...
Bill Schrimpf
Bankruptcy and Foreclosure Wait Times
@Brandon Turner - I just watched the recent webcast replay and you made a great point. I should give back to BP. I'm going to by contributing some of my hard earned knowledge.Following is something I have learned bu...
Taylor Smith
Business credit real estate
So I’m looking to obtain business credit to be able to have the capitol I need to invest in real Estate. Now I get the basics of how business credit works. Questions is though. How do you make yourself creditable as a...
Hiroe H.
Avoiding FIRPTA with 1031
Hi! I am trying to do 1031 exchange. The house which we're trying to sell has 2 owners, a foreigner and an US citizen.
1) Does FIRPTA 15% withholding apply to us? or it's not required since the US citizen can file ...