Hello, I have lurked on this site for a long time and leeched a lot of great information. I finally have something worth registering and posting about.I made a long winded post regarding a contractor that wants more m...
I expect to be making offers in the near future on multiple properties but can only afford one property. I'm thinking I need to put a contingency in the contracts stating that the offer may be rescinded upon acceptan...
Hello BP,
I am a new real estate investor and I recently opened up my LLC for real estate as I am getting a rental property in the next month and plan on continuing to build my portfolio with the BRRRR strategy.
So...
State: MIMy husband and I mortgaged a house in Oct intending to live there. The house we currently live in, is mortgaged and homesteaded in my name only. The new house needs work and now that we've looked more closely...
After our first flip (in Central Illinois), the contractor submitted an exorbitant bill and then a Mechanics Lien. I went the legal route and hired an Attorney. Now on Aug 1st my attorney submitted a Motion to Dismi...
Hey BP! This will be my first time filing the Schedule E form as my medium term rental in Tampa, FL became active the 1st of this year. I need to pull forward deductions from 2022 that went into preparing the property...
For the past 4 years I have been investing in Commericial Real Estate and Land in Los Angeles, California. I did do one tax return in 2012 using turbo tax but I never bothered after because I was making more expenses/...
Good morning everyone,So last night I got a letter in the mail saying that our business tax returns were never received, and my wife and I are each being fined $195.00. We own 3 different LLC's, and Mailed all 3 retu...
This is sort of related to my original post on the topic of sellers in BK: http://www.biggerpockets.com/forums/51/topics/52618-is-seller-better-without-bankruptcy-protection-
So the Trustee gives the seller in this c...
You may have just looked at your property taxes and were shocked at the amount you are responsible to pay. Property taxes are a significant financial burden which makes it all the more important to make sure your prop...