Joe San
Landlord Insurance in New Jersey
Hello All, I am in the process of buying a property in New Jersey and am shocked at the insurance rates I am receiving for landlord insurance. A duplex is quoting me around $2000 a year and that is with only $500k in...
Maxwell Banton
Urgent Help Needed: Turning Around a Struggling Disney Area Investment Property
Hello everyone, I'm in need of some guidance. I bought a 5-bedroom, 3-bathroom property in Orlando near Disney World for short-term rentals. It's been a year, and contrary to my initial profit projections, I've been c...
Eamonn McElroy
SALT Limitation - Taxable Refunds
Hello BP Nation,Today the Treasury issued authoritative guidance via Revenue Ruling 2019-11 on the taxability of state and local tax refunds from which a deduction may have been limited due to the $10,000 state and lo...
Natalie Naito
Input on Mentorship Programs
Hi BiggerPockets community,
Just wanted to get some input on mentorship programs... is it worth it? I'm new to RE and need guidance but some of the programs I've looked into is quite expensive (specific to STRs). An...
Michael Plaks
PPP rules for partnerships reversed on April 14
Today, 4/14/2020, the SBA issued their 3rd "Interim Final Rule" (what a name!) in 2 weeks, reversing the method of applying for PPP loans/grants for partnership.https://home.treasury.gov/system/files/136/Interim-Final...
Account Closed
Old tenant Contracts has no Pets!
Hello BP members, I am looking for guidance on a situation in regards to pets. I am closing on a 4 plex and received the contracts for each unit. The contract states no pets, the standard 300.00 extra and 50.00 a da...
Dontavius Pennington
Hey everybody im dontavius pennington
I'm a carpenter I travel state to state different times every 3 months or so an I'm just trying to meet new people an communicate an learn how to better myself in this business an more I'm only 22 years of age..it wou...
Kevin Sapp
Tax on unused insurance settlement
Hi,Situation is a property that I own outright, had roof damage and received an insurance settlement. Because of the circumstances, sold the property, the settlement will not be used to repair the property. Some of t...
Tanesha Mills
I have my first leads and I'm excited.
So hello BP family,I just want to say that I have received my first few leads this past weekend by networking here on site. This is anaccomplishment because it's no longer a thought but now, I'm putting it into action...
Clayton Hall
Owner Financing and Taxes
For a property in Texas, a primary residence for over 20 years and owner financing the sale when does capital gains taxes get calculated? We are trying to maximize the amount of money paid to the owner and ensure they...