Brent Blaha
2019 Schedule A and Schedule E figures for three properties
Apologies in advance for the lengthy post.On 1 January 2019 my wife and I owned our primary residence and a rental property a three hour drive from our primary residence. That is the last day I think I fully understo...
Joe Potenza
Multi-family apartment deal volume and predictions
As a young investor, I have been speculating that we should start seeing some price concessions in the multifamily space. For better or worse I have yet to see many opportunities that would be classified in this bucke...
John MacAlister
Credit Building newbie question
I remember years ago hearing that the best way to build revolving credit accounts (credit cards, not secured) was to borrow almost up to the limit, say 80%, then pay it completely off a couple of months later.Is that ...
Matt Scholten
Update on Tax Reform - Sale of Personal Residence
Hi All, I was reading through the new proposed bill by the House Ways and Means committee on tax reform. There was an important change to the exclusion on the sale of a personal residence proposed that would affect pe...
Beau Pearson
How would you write this lease up?
I have a good tenant whom I just collected the Depot to Hold money. Property is available ASAP. They would like to sign the lease and handover keys on the 26th of March 2023. So the lease start date would be the 26th....
Account Closed
Texas Tax Deed - Taking Possession During Redemption Period
Have you ever had any resistance evicting the former owner of the property prior to the sale from a JP court during the 2 year redemption period?Example:Jonh Doe lives at 123 Fictional Street with a homestead exemptio...
Sendil Thangavelu
Lien on builder prior to sale, creditors threat to now lien me
Hello, recently i purchased a new construction from a large builder and we went through closing and such as part of the buying. Several weeks after sale, out of the blue I received a letter form a creditor that there...
John Acheson
How to close a FBSO Contract to sell land all cash w/o lawyer?
CORRECTION: FSBOHave an interested buyer that would like to move forward and buy our land in mine and my wife's name but we have misplaced our deed. We know the tax plot ID but the land does NOT have an address so how...
Austin Everett
First Rental - Pittsburgh, PA Rejection / Add'l Deposit Laws
I recently listed my first rental in Pittsburgh, PA (Allegheny County) and got my first batch of applicants. Unfortunately they weren't the shining stars I was hoping for so I'm curious about a few items as I haven't ...
Wesley W.
Medical Marijuana in rental units
So, this hasn't happened to me yet, but I am curious.With the advent of the passage of laws in various states allowing for the medicinal use of marijuana, I'm wondering how this interfaces with landlords and their lea...