Tim Block
Questions About Tax Reporting on Sale of Property
I have a bunch of questions for the tax gurus here. In 2022 my wife and I sold 2 properties that were held longer than 1 year. My main question was can I list both under a schedule D? Here are both the scenarios and ...
Wade Garrett
Seller Not Providing Leases
My offer was accepted on a property 6 weeks ago, been out of attorney review for 5 weeks and the seller still has not provided current leases. I have spoken to all of the tenants, and they have told me what they pay. ...
Martha T.
First Time Landlords
We did it, purchased a 4-plex so my husband and I are renovating our side of one duplex. All the units are rented out so we inherited the seller's tenants and lease agreements. When we viewed the property months ago, ...
Martin Madelaire
Verbal agreement & evictions
Hello BP.
delicate situation as we bought a multifamily unit. We live in 1 unit and will rent the others.
The issue at hand is that one tenant has/had a verbal contract with the previous landlord (they are family). ...
Just Don
Paying a sub-contractor in cash
I have a guy wants to be paid cash off the books on a job he is doing for me. Is this a problem for 'ME' ?? Whats the pitfalls of doing THAT??
Ryan Stumbo
Realtors, MLS, Foreclosures
So I’m currently reading tons of info including investment books, BiggerPockets books including BRRRR book, asking questions to experienced friends, etc. One thing I have become curious on.I started realizing through ...
John Thedford
Buy And Hold? HML? Flip? Which Option Is Best?
As an investor, new or seasoned, we have various options for our strategy. Some may use a multifaceted strategy, and others may prefer a single avenue (though that may change over time).I want to give a few ideas and ...
Gary Fare
Collection Agency Process
I recently purchased a 4 unit a few months back and got stuck with one set of poor tenants that I evicted. Their rent due was in excess of the security and although I do not have any expectation of collecting, I woul...
Astrid Ortiz
Lenders with low interest rates
Im trying to buy my first home but the interest rates are not helpful right now. Does someone know of lenders that will offer lower interest rates for a buyer with excellent credit.
Aloma Murray
Feedback on my creative seller financed offer?
We went to look at a house a few months ago - About 15 minutes out of town, 5 acres, 5,000+ sq ft house, built in 1985. It does need work. We aren't sure how much yet. There was a deep dive indoor pool that was dug ou...