My tenants tried to save a few bucks on heating expenses by turning the central heat way down and using space heaters. When they moved out I eventually discovered that one of my electrical outlets wasn't working. Th...
Context: Seller is a foreigner to the US and special tax withholding must take place via FIRPTA/HARPTA. In the offer, the seller is requesting that we add this term to the contract:Request: “Buyers authorize Escrow to...
I am in the process of getting my real estate investment LLC off the ground and after meeting with an attorney and comparing costs to an online solution like Legal Zoom I am wondering if there is a benefit to one or t...
We have large unallowed passive losses carried over on 8582 (from several years cumulatively) from various real estate syndication deals reported to us on K-1s. For the first time in 2019 a few of those assets have e...
I purchased a 2016 Titan 440i sprayer on Craigslist recently and used it this weekend. How do you clean this thing?? I watched a few vids online and did what they said, but it took me forever, i mean like an hour pl...
Hello BP community,
Happy New 2014 Year!
Here what I have been thinking of:
I want to do 1031 ex on my 1bd/1bt condo. Can I use the money to:
1) buy the new property
2) pay for closing...
We want to sell our fourplex to another investor and would like to save some money on commissions.
Recommendations in the East Bay/ Bay Area for someone that will walk us through the paperwork process for a f...
My husband and I are closing on a duplex in Everett, WA later this month and are inheriting tenants. With COVID, how is everyone introducing themselves to tenants? Set a meeting in person or just a letter or email? I...
Hi I am doing a 1031 exchange. 330K in the fund, only one of the 3 identified properties is going to work out, and on the form the value of the property was 200K, i will end up buying it for 230K. this property is cu...
About a year ago, we bought a property in the Kansas City, Missouri area.
The MLS listing stated the property was 1,700 square feet.
However, someone alerted us to a potential error, suggesting the square footage mi...