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Results (3444)
Scott M. Tax Implications of 6+ Land Contracts
22 July 2009 | 13 replies

Hey all -

As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).

However - if one person or company does 6 or more land...

Dick Green Have you read the Health Care Bill?
24 August 2009 | 26 replies

How many of you have read a good portion of the health care bill?

I must admit, I coudn't sit and crack out 1000 or so pages of legal jargon at one sitting but, I did find a site with some bullet points, then I loc...

John Reuther Non-Passive, Hotel Rule
6 September 2016 | 0 replies

When a property averages less than a 7 day rental period over the course of the tax year and qualifies as a non-rental activity, and non passive tax treatment, how is the rule about personal use affected? Can the owne...

Adam Demchik House had mold..was cleaned with bleach and primed with Kilz...is this good enough?
10 December 2013 | 9 replies

Looking to purchase a rehab and the seller has already remediated a mold issue by using bleach and painting everything with Kilz. I am pretty sure this is not the correct method. The house had mold in the attic a...

NaTarrio Jones Active Termites...Renegotiate or walk away?
27 March 2017 | 14 replies

Hi BP Community,I just got an accepted offer on a Duplex in a class C neighborhood.  After accounting for vacancy, maintenance, capex, and property management I'm looking to cashflow around $415 per month with an 18% ...

Tony Wooldridge How to get rid of Mouse Pee smell?
5 June 2017 | 8 replies

Hello BP Nation, I am in need of some help on my 1st Flip.  We are just finishing up on demo and when removing insulation on the interior walls of the finished basement there is an overwhelming smell of mouse pee odor...

Bastian Kneuse Termite Bond Alabama Investment Property- yes/no?
4 August 2019 | 8 replies

I am in the process of acquiring a MFH in Alabama. The home was built early 1900s. As it relates to termite inspection/prevention, would it make sense to purchase a termite bond. The cost for it seems pretty high and ...

Gabriel Graham Any lenders that don’t require 2yr work history?
22 January 2019 | 4 replies

Anyone know of any lenders that don’t require 2yrs of work history? I’ve considered an FHA but that’s very limiting being I’d have to live there. I have a job but I know I can get into REI much faster with the right c...

Melanie Baldridge Want to turn your primary residence into a rental property?
22 October 2024 | 4 replies

Here’s how in 6 easy steps:

1. Check local regulations.
First, verify that your local zoning laws, HOA rules, or condo bylaws permit renting your property.
2. Update your insurance.
If they do, inform your insur...

Shannon Bae 1031 Tax Deferment possible for Primary?
2 August 2021 | 4 replies

We’ve been told by our real estate agent and by a lender that we can use the 1031 exchange for our primary, however, everything I’ve ever known about the 1031 is that it is ONLY for investment or business purpose, NOT...