Might be a silly question but I am new to this whole thing and need some advice. What is a hard money loan exactly and can one use it to purchase a home that they will be living in for good?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/128246/small_1695268560-avatar-aw100.jpg?twic=v1/output=image&v=2)
does a property management company report the gross or the net rents on the 1099 sent to the owner
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/887092/small_1695008103-avatar-davidb617.jpg?twic=v1/output=image&v=2)
One of my hard money borrower has stop payment on his loan. I offered to buy the property for more then the loan amount but he wants to keep the house.this is the first time I am going thru this.Is there a way for me ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/778454/small_1621497208-avatar-johntav.jpg?twic=v1/output=image&v=2)
I'm venturing into my first house purchase (done condos before, where I was only responsible for interior).I got an inspection report and it came back with all these issues. Like crack in the bedroom wall signaling po...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1510627/small_1694935995-avatar-lukep83.jpg?twic=v1/output=image&v=2)
So I bought a house that has the basement completely converted into it's own 2 bedroom apartment. It has it's own kitchen and everything, with their own entrance. Currently, I am allowing a friend to stay there for a ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9011/small_1621348727-avatar-jgonzalez.jpg?twic=v1/output=image&v=2)
Cost segregation has been a very popular tax strategy for real estate owners as it can provide significant tax savings. A cost segregation study is a strategic tax planning tool that separates the assets that have a s...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2332120/small_1683730327-avatar-garyg210.jpg?twic=v1/output=image&v=2)
Hi guys! Newbie here... currently I live and own 1 rental property (SFH) in New Jersey and looking to buy more doorsteps by EOY. I am in the infancy stages and doing a lot of research/reading. I have two questions reg...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9011/small_1621348727-avatar-jgonzalez.jpg?twic=v1/output=image&v=2)
When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/841126/small_1621504287-avatar-danielf99.jpg?twic=v1/output=image&v=2)
I'm looking at making an offer on my first investment property which is HUD home. The listing agent said there is no power and the power will not be turned on for the inspection.
Is this typical for a HUD inspection...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/33227/small_1621366441-avatar-onestepcloser.jpg?twic=v1/output=image&v=2)
I received a termite report for a property I was looking at buying. It has small stuff like water leakage at sink fixture handles, water leakage in sink drain pipe, water stain beneath sink. I think a turn of a scre...