Hello BP,So here is my situation:I bought a REO in January 2019 with the intention of renting it out for a little over a year and then selling it. Long story short, my tenants only lasted from February till June and t...

My association recently sent out a proposed amendment to the master deed. For us to vote on. They would now like to put a rent restriction on 10% of the units available to rent. There will currently be 79 units that w...

Hello,First time posting here. I have enough money to prepay my mortgage payment for the next 6-12 months and am wondering if it would cut any time off my 30 year mortgage. To be clear, I don't mean throwing a large s...

hi,i am new to this.is a foreclosure set.the starting price or can you offer lower?can you still offer before it goes to auction?help!

I have 2 properties that I rent out.  I report my rental income & expenses on Schedule E.  Can I take the home office deduction?

In Pennsylvania, can I legally put a clause in the lease agreement requiring the tenant(s) to professionally clean the unit and steam clean the carpets before vacating, regardless of condition, as part of the lease? I...

📈 XIRR vs IRR: What’s the difference?
XIRR and IRR are used to find the IRR of a project.
But what is the difference between them?
The XIRR and IRR functions in Excel are nearly identical besides one critical dif...

All,

Apologies if this question has been asked and answered before. I tried to look through the messages and could not find what I was looking for. Your help is truly appreciated.

I am trying to buy a property at a ...

Hi follow Dallas investors, my name is Ray, I'm an out-of-state investor from California, and I'm considering using my IRA funds to flip and sell houses in the Dallas area. I'm looking for an investor who has done the...

BP,

Again I don't have a Flipping clue. Ok that was a lot funnier in my head. But seriously, I was reading several posts on here about SE taxes and got a little confused.

What exactly gets taxed? Is it all prof...