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Results (461)
Hannah Joy Sweat equity and taxes
30 March 2023 | 6 replies

Hi all, my friend is purchasing a fourplex all cash and adding me to the purchase as an additional buyer (I'll be doing the renovations and we split revenue and equity 50/50). If I don't contribute financially at all ...

Marci Stein Help me understand something
9 March 2017 | 1 reply

so I have a buyer for my house at 58,5000. They want a seller concession but not sure what that changes for me?Buyers agent sent me a message ( thru my agent) which says"buyers will roll maximum 6 percent into loan fo...

Joshua Hostetler Selling My Owner-Occupied Within the First Year
8 August 2023 | 2 replies

Howdy!What repercussions do I need to be aware of if I receive an offer on my owner-occupied quad before my year is up? 

Peter Maguire Possible issues with paying Property Taxes late?
24 February 2017 | 6 replies

I'm in the final stages of a Flip project in Chicago (~3 weeks to completion) and the Property Taxes are due on March 1st. I'm close to maxed out on the rehab budget, and the $1900 for the 1st Instalment of Property T...

Paul Castillo Tax Questions Regarding "Unplanned" Flip
23 January 2020 | 3 replies

Earlier this year my wife's uncle unexpectedly passed away. Her remaining Aunts and Uncle were handling the estate.  They were much older than the deceased Uncle and were struggling with having to be at the house for...

Jordan Caffrey First-Time Homeowner in State College, PA!
10 August 2019 | 1 reply

Hey everybody,
My wife and I are first-time homeowners in State College, PA, and she's starting to warm up to the idea of house hacking. We just bought a Cape Cod style home in Pine Grove Mills, PA (~10 minutes from ...

Account Closed 2015 Equaled My First 3 Properties Using My SDIRA
21 August 2016 | 23 replies

So after reading BP for quite a while and studying up on the various ways I could start investing, I finally took the plunge with my Roth IRA. Here’s how I got my start and how it’s elevating me to the next level and...

Account Closed Depreciation without an LLC?
6 May 2017 | 11 replies

Does a rental property have to be in an LLC to qualify as a depreciating asset?

Taye N. Ca broker or agent question
20 January 2017 | 1 reply

1. Can you list a house as a 3 bedroom 1.5 bath if the construction was unpermitted?
Tax records shows 2/1 on the MLS

2. If the agent list the house as extra room was done with permits. But later found out that it wa...

Stanford Walker Is it possible to invest in Real Estate under age 18?
13 January 2020 | 7 replies

Hey BP community. I am 17 years old and have been wanting to get into real estate for about a year now. I have been constantly reading books and listening to all kinds of podcasts about REI. I know i can’t sign any le...