Butch Greene
Seller wants to wait a year for tax purposes?
Looked at buying an AirBNB that we know about. House is rented out regularly but also has a 2nd homesite that has a septic installed & perked for 2 Bed. They've got a travel trailer sitting on the septic for the t...
Billy Farley
Anybody using a LLC with a business line of credit to BRRRR?
I am looking to do my first BRRRR that I do not live in as a primary residence. I have successfully rehabbed two homes and provided over 120k in equity from them. My idea is to form an LLC with my partner to qualify f...
Adam Zard
Real Estate Attorney from Colorado
Hello BiggerPockets Community!My name is Adam Zard, a licensed attorney based in Denver, Colorado. I'm with a law firm, practicing in the fields of real estate and construction litigation. Currently, I own various ...
Tom Weyer
Measurements per CO are wrong
So I am trying to sell my primary residence and the survey does not match the CO. Basically, the house is 44’ x 30’ (and the survey confirms that) but the CO states it is 44’ x 24’The thing is, there were definitely n...
Ashley Jackson
South Carolina Closing Attorneys
Hello Everyone,This question is to South Carolina investors...can you guys recommend any good investor-friendly closing attorneys? Thanks in advance for your comments!Ashley J.
Jerry Padilla
Purchasing In A Living Trust Versus An LLC With Conventional.
I am only a financing expert, not an attorney so I don't know the legal benefits of each...... But I am seeing more investors geared towards a possible living trust lately and wanted to do a post on this topic. Before...
Tyler Stone
Security deposit Transfer with Residential Mortgage
Hi All, I am under contract to purchase a single family home in Rhode Island that was supposed to serve as my residence. The P&S states that the seller will deliver the property to me free and clear of tenants. I’...
Eloy Romero
How to transfer a rental property title to an LLC
Hello, I have come across a little bit of conflicting information regarding transferring rental property deeds to an LLC. I currently rent out a property that was my previous primary residence and have created an LLC....
Jake L.
Taking title and refi brother's property to gain 200K equity
My brother has bad credit and currently has a mortgage with an interest only variable loan on his primary residence. He asked if I could add my name to refinance the property to get a better rate (30 year fixed). Luck...
Alan Faitel
the rule about 2 out of the last 5 years rule? IRS
My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...