Mohamed Nagoor
SMLLC Tax Questions for Flipping Home Business
Hi,SMLLC to flip homes. Say I make 30K in gains during a year flipping homes. 1. I decide to take 15K as my annual pay. Can I take the Pay at end of the year when I'm filing my taxes OR do I have to pay quarterly esti...
Herbert Lewis
Previous Owners Never Left After Foreclosure
Hello BP,I am looking at purchasing a property that was foreclosed on five months ago. The property has been listed on the MLS as currently occupied. When I questioned the seller's agent, he said the owners never left...
Austin Carroll
Jumpin' in to our first Investment property in a hot market.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Edinburg.
Purchase price: $212,000
Cash invested: $11,000
I purchased a 4-plex outside of Edinburg Texas for my family and...
Tom Server
CO-OP selling a property with HIGHEST AND BEST..
Hello I have a question, if anyone might know. A rehab property in a co-op has been put up for sale. The co-op is the one selling it since the original owner didn't pay their taxes the co-op became owners. So now the...
Bob C.
How big of a list - for starters?
For the last year I've been beating my head against a wall trying to work short sales via MLS. I've decided finally go the motivated sellers route. I'm fortunate to have capital to be able to jump right into d...
Jo Bautista
Any property manager for Long vs Mid vs Short Term rental in Fort Washington, MD
Deciding between selling vs renting out a single family with 5 bed/3.5 bath. I don't have to sell but I will be out of state so I will need a property manager. Will it be more beneficial as a short term rental since i...
Tony Murphy
Tenant "says" they gave last landlord last month's rent
So I just bought my first rental property, a duplex, from an elderly owner and was given the security deposits for both of the current tenants at closing. When I went to reintroduce myself to them, one of the tena...
Rich Solano
Deceased Owner - Taxes owed on a property
Hey Bigger Pockets, Quick question for you here that I would love to get some feedback on with regards to a property I recently came across...1. There is an owner listed as well as two co-owners for a property. The "m...
Dean DeMattia
None-Performing Note in Upstate NY
Hey everyone,I’ve come across a unique opportunity. I found an off-market deal where the owner seller financed a commercial multi-family property to someone on a 5 year mortgage with a balloon payment at the end of th...
Antony Charlier
Wholesale newbie tips
So I’ve decided to change my real estate plan and start off doing wholesaling to gain capital faster. I’ve done my research on it and want any tips And advice BP members can give me like negotiating with seller, findi...