Derek Krehling
Property classes and what do they mean?
So I hear everyone describing properties by class (A, B, C, etc) but I've been unsure what kind of property constitutes each class. Can someone describe this to me?
Karen Margrave
1st Presidential Debate!
ROMNEY NAILED IT!! I bet Obamas wondering what the heck he can do to get out of the next two! Can't wait for the VP Debate next week. Bet they send Biden with duct tape for his feet, to keep them on the floor and out ...
William Rich
Not being honest about pets
Hello all- Does anyone have any suggestions on what to do when a tenant is keeping more pets than they agreed to in the contract. My tenant is supposed to have one cat which they pay extra for. My tenant is well awar...
Heidi Kloeer
Pottstown PA rental inspection lawsuit - big win for renters
I was asked to post this for a member of the local landlord group. More to follow soon:
Pottstown, Penn.—This morning, the Commonwealth Court of Pennsylvania issued an opinion vacating and remanding a lower court’s ...
Pete Perez
Seattle High Income Tax Proposals
Hi BP,I was curious what local investors think of the High Earner's Income Tax that Seattle is talking about currently? How do you think it would impact your business? I am not clear on the details of the tax either. ...
Rick Tchoupz
Tax Strategy for Multi-family Including Primary Residence
Hello Biggerpockets members, Last year, my wife and I bought a Miami property with 2 detached homes on it (1 mortgage). We are renting (was already rented) the smaller 1,400 s.f. home. The larger 2,100 s.f. is our pri...
John Jacobs
Self Directed IRA, Roth IRA, HSA Investing--Prohibited Transaction? and Trigger UBIT?
Hello Bigger Pockets,Two scenarios:Scenario #1: Money is going to be lent to a real estate investor on single family home buy and hold rental. The total loan amount will be $110,000. My Self Directed Roth IRA will ...
George Hoover
POS Inspection in Bedford, OH (Cleveland Area) Unconstitutional
This just in from the Ohio Realtors regarding Point of Sale inspections in Bedford, OH near Cleveland. You're welcome!A second point of sale ordinance found unconstitutionalNov 12, 2018By Peg Ritenour, Ohio REALTORS ...
Hunter Payne
Foreign LLC Registration in Home State
My wife and I are planning to invest in rental properties in Alabama. We're planning to set up an Alabama Series LLC to own the properties. We'll be 50/50% member-managers. We're engaging a property manager in Alaba...
Tony Lin
Looking for attorney for lawsuit against syndication sponsors
Kind of sad that it has come to this. I'm looking for attorney referrals to explore a lawsuit against the first syndication investment I've joined.
Without going into specifics, it was a business acquisition deal th...