Jt Marting
Legal Point of Residence
I stumbled across an interesting possible loophole, and am curious if anyone knows the legal aspect behind this. I was planning on purchasing a property and house hacking during college, and the numbers just weren't w...
Jordan Gerkin
Can Spouse of Married Couple Legally Come on Property if they are not on Lease
Hey Everyone,I have an interesting situation. I have rented to this lady in the past and she is a good renter. Now she is wanting to rent from me again, however, she is married now but separated from her husband. So t...
Lucas Pfaff
Advice for Financing 3 Properties After Subdivision - Philadelphia Philly PA
I recently subdivided a property and need to acquire new financing...this is sort of a complex scenario (at least it seems like it to me), so any advice would be appreciated. I'm basically looking for confirmation tha...
Sharon Beatty
Should I re-fi AGAIN in Feb to get out of VA loan?
Hi, we just refinanced our VA loan, our house appraised for $200k over the original purchase price in 2018. We took out $100k to pay off credit card debt we used to create a 2bd/2bath ADU in the basement. We'd like to...
Account Closed
Texas is having huge increases in foreign investment.
In a recent 12 month period, there was a 60% increase in investment by foreign investors in Texas. They are certainly helping to push the market.Here is a great story about the topic. https://www.dallasnews.com/busi...
Jack Lee
Cashflow Taxation Problem
Hey guys, I have a question.
Hypothetical scenario:
SFR
$1000 NOI
$500 Service on a selling financing.
Cashflow = $500
Are you taxed on the $1000 NOI or on the $500 cashflow?
David Y M.
How to Do Real Estate Partnership without 1065
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
Landon Fillmore
Inheriting 4 tenants, one has to go for us to owner-occupy.
BP,
I come to you as a BRAND NEW landlord (we just closed on our Anchorage, AK 4-plex YESTERDAY and couldn't be more excited). We will be owner-occupying/house-hacking it for about a year. It is currently fully occu...
Nazz Wang
What Color Are Your Rentals?
Hi BP Family,I want to ask what your favorite wall paint color and finish (flat, satin, etc.) are for your rentals. Or if you have a bad color or brand that failed miserably, please do tell.I have always painted my pr...
Harry Standafer
Properties Built in the 1950s
Hi all,I'm looking at a package of properties and most of them were built in the 1950's. They're throughout North Carolina in various small towns. I've never bought a property that age or in North Carolina. Is there a...