Raghu Kota
Landlord trying to terminate lease early
Hi,
I am a resident of Texas. I have been a good tenant (openly acknowledged by my land lord) and on occasion, I have even helped her out by forwarding her critical mails etc. I can only guess that she is h...
John Jabson
Inflation?
This is such a basic question, but I don't quite understand the basics of it.
If my income increases by 3.5% per year (that's my current raise per year per our contract) and inflation has been between 3-5% pe...
Alan Brown
recaptured depreciation is killing me! accountant help
Hi I'm pretty sure I'm an idiot, but I'm getting slapped hard for it (again!)... I always thought that depreciating your property (and getting a tax write off for it) was permanent... So, a few years ago when I had a ...
John Hodges
Sold my company
Hello all,I recently sold an online company I started 8+ years ago. After taxes I am ending up with roughly ~$6m. I am looking to purchase in cash initially and then refinance. I've been looking at multifamily buildin...
Rick Watt
Well I did it, I purchased my first rental property today!
I found BP about two months ago and listened to BiggerPockets Podcast 247: How to Buy Your First (or Next) Property by the End of the Year [The 90-Day Challenge!] with @Brandon Turner and thought there was no way I co...
Corby Goade
Nightmare tenant is leaving, but....
I have a tenant that gave me their 30 day notice yesterday, which was cause for some serious celebration. Almost every interaction I've had with them over the last two and a half years ended with them threatening to s...
Nghi Le
S-Corp vs C-Corp
I've been talking to several investors, attorneys, and CPAs over the past 6 months about this, including Mark Kohler and Anderson Advisors (Clint Coons' company). I have yet to choose who I want to go with as my atto...
Yocheved Beer
seller backing out after assignment of contract
Hi all,I found a deal from a wholesaller and gave him a deposit of 20k. Now they say the seller has backed out, and they will give me back my money.Is there anything I can, like sue the seller?what are my rights as th...
Chris Miller
Cashout Refinance Subject TO
I Bought a house subject to 6 months ago. Closed at a title company I Have the deed I own the house I am looking to pay off the existing mortgage that is not mine. I am looking to do a cash out refinance. Can this sti...
Yifa Su
need help tenant refuse to communicate with me
does anyone know what should i do at this point. im in south Florida, my tenant she moved in at April 02 2015 and never make one payment now is about 20 days late on her rent. since last week she stop answer my call o...