Brian Jasinski
Investing with a SDIRA?
Hello BP Community - relatively new to the forum, and had an SDIRA question - did I post this in the right place?Trying to make sure I understand what owning a piece of real estate in an SDIRA looks like.....Can anyon...
Charlie John
How do I structure seller financing?
I am going to start a new marketing campaign to reach my goal of buying 2 properties for buy and hold.Here is my criteria: Town house, built pre-1996, last market sale date 1996.I am hoping to find original owners tha...
Rich McCormack
Tax implications for selling an investment property for a loss
Hi BP,I bought a townhouse as my primary residence in 2006. Moved out in 2011 and converted it to a rental unit which I recently sold in 2015. My question is about how to treat the loss for tax purposes. I have a CPA ...
Brian Zaug
1st Eviction..please help
So I inherited a new tenant 4 months ago when I purchased this duplex. He's been no problem at all for the past 4 months. He texted me on June 1 saying that he changed jobs and that he might be late on rent this mon...
Matt Heerwald
Unique 'Tenant Breaking Lease' Issue – & Requesting Attorney Reco
TENANT ISSUE ADVICE - AND LEGAL AID RECOMMENDATIONHi all - seeking some advice and an attorney recommendation. Details are below (and many thanks in advance). If anyone has a real estate/rental attorney contact in the...
Mark S.
Making My Turnkey Provider Trip Tax Deductible
I've done a little reading on making trips/vacations tax deductible, but I'm still not totally clear.
I am going to visit an out-of-state turnkey provider as part of my due diligence process to meet them and see th...
Brian Heimerdinger
Switching primary residence to rental property
Hi guys, was wondering if there are any issues switching over a primary residence to a rental. I currently own a place and am looking to switch it over to rental, and buy a new primary. Does this void the mortgage?...
Steve Vu
Conflict with Property Manager
Hey guys,I have a quick question regarding an issue I have with one of my properties in Texas. My property currently rents for 1050/month and the lease is due for renewal on August 1st 2016. I contacted the propert...
Blake Meyers
Question about Right of Redemption
I recently purchased a home at a master commissioner auction at the court house. It was for less than 2/3 of the appraised value. Is it safe to put any money into this before the 6 months? Here is a copy of the Kentuc...
Marc C.
WaPo: Republicans want to do away with the 1031 exchange
Can't believe I haven't seen this posted before, as it's huge news! "You want tax reform? I got your tax reform right here:"https://www.washingtonpost.com/realestate/republic...If true, let me be the first to sarcasti...