Hello,

Looking to do a deal with a relative that would like to front the down payment on what will be a rental. We have an LLC and business accounts established. The traditional mortgage broker we are using wanted to...

I had a tenant during 2016, evicted in Jan. 2017; our county court ordered judgement for past due rent. In Oct. 2017, I learned of her new employment and filed wage garnishment toward the judgment/debt.Today, I receiv...

Hey everyone, I'm a new member of BP and this past year went full in on real estate investing. I have bought a few properties prior but with a mindset of the rent will pay off the mortgage instead of generating cashfl...

Does anyone have any recommended verbiage in regards to Attorney and Collection Fees that I can put in my lease and or rental agreement?

We have almost $30k of built up passive losses from depreciation, repairs and improvements. Due to our income being over the AGI cutoff we are only able to apply these losses to the cash flow of the apartments we o...

1) Investor 1 takes over a house subject to a 65K balance and 3K back payments. Deed executed between seller and Investor 1.
2) Investor 2 puts a 1K option on the house with Investor 1 at a purchase price of 75K.
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Hi all,I started a LLC in 2018 and didn't make any money on it.Do I need to list that on my tax returns?Thanks,Ben

Hello,This community has been so helpful and I have learned so much from your advice! This time I am facing a dilemma with regards to charging some damage I incurred when  my tenants' moved out as a result of their lo...

Hi All,I'm a new Pro member and excited about using this platform more and more. I've been in Real Estate for almost 8 years now and it may be bad that I don't know this but; when a seller carries a loan, what taxes d...

I bought a house I’m currently flipping last year. Can I use the purchase price as a tax deduction? I would appreciate all info as this tax season I’m being hit with a $6k tax bill.