I had to read this two or three times to see if the arrested man's claim "Everything that occurred with this house was lawful" was really the case. In my opinion, the above statement is not correct, given just the ...
Can someone better help me understand how the Rental REal Estate Loss Allowance works? I was surprised to find out I'm going to owe $3,800 in taxes this year. I have just over $17,000 in losses from our rental prope...
Currently well into the process of getting an investor group up and running via an LLC.Will soon be filing with the state, opening our needed accounts and then determine financing or not.Initial though was to buy prop...
I have been investing in real estate on an off for more than 12 years and become much more active in the last year. A former co-worker as well as an acquaintance recently approached me about partnering up on some dea...
New to BP ... so, thank you in advance for your responses.
I have owned a SFH 1031 exchange property for exactly 5 years, two of which i used as my "Primary" residence. I am now selling and want to take advantage of ...
So, some of my other posts show I bought a few units from a guy that offered owner finance. His SFH are all in a land trust and the way the attorney wrote the note is we are both beneficial interests of the trust (not...
I've been working on a deal in Texas that seems to have reached a dead end and I don't know what else to do. I was contacted by the seller who did not know if he had equitable interest in the house due to the situatio...
Hello. I am wondering how everyone deducts their expenses when offers fall through such as wire fees when they do not have ownership of that property for tax purposes.
My wife and I currently own a vacation rental on Maui, in the Kihei area. We have recently relocated to the Fort Worth area in Texas to be close to our grandson (15 months), daughter, and son-in-law. We are thinking...
Good afternoon, I have a question and hoping i can receive some guidance. I purchased a house with my ex-fiancé in 2022 from her family. I put in approximately $16,000 and she only provided $4,000. By 2023 the relatio...