JD Gibson
Scenario to get rid of some bad debt?
Hello fellow BPers.First time caller, long time listener.I am looking to enter the world of real estate investment in a 2-4 unit hack by the end of the calendar year. I have talked with a couple of lenders, and am hea...
Andrew Thomas Vedder
Depreciating a vehicle used for real estate
I am a real estate agent that also has a W2 job. This year I closed on my primary residence where I acted as my own agent and earned a commission so I will have a 1099 from my brokerage at the end of the year. I am ge...
Sergio Briones
What Should I Do Next?
Hello, My name is Sergio and I am a newbie when it comes to REI. I am 29 years old and have already started reading several books on the subject. My ultimate goal is for my wife and I to retire from our 9-5 jobs asap ...
Samuel Ksiazkieicz
Salvage / rebuilt title vehicles - Lets all buy Bentleys! Anyone do it?
Alright, the last part of the title was just a joke to get people to click on this post. The real reason for the post is to see if there are any of ya'll out there who buy or have bought salvage title vics.
Buying a...
Jane Kim
When is it legal to dispose personal property?
I asked a co-habitant to vacate. The day before I could legally file for eviction in court, he left to a foreign country. He left in April and a bunch of personal belongs are still here.. it is now August. I have no...
Ryan Jones
Weird Seller Financing Question
Ok bear with me. I know this is a real estate forum but I just had a provoking shower thought ( I hope I'm not the only one who thinks, sometimes too hard, in the shower). When it comes to seller financing for real es...
Steve Graves
Tenant moved out and left a car with no paperwork
I had a tenant move out without notice and left/abandoned a car without paperwork. I currently have a new tenant and they need the space the abandoned car is taking up. The rental is in California and the car is from ...
Luke H.
car on property/ 3 adults listed on lease
Hello everyone. Hope all is well.I have 3 adults listed on a lease. When I leased to them we agreed that 1 person would be the main point of contact. One of the tenants has a car parked in the driveway at perpendicul...
Vikas Ahuja
Tenant moved out but left car behind
Hi folks, I am looking for some advise -I inherited my tenants when I bought a triplex last spring. One of the tenants had been living there for 5 years and the old lease (which I got from previous owner) had her and ...
Joel Oh
Write off luxury car under STRs?
Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...