I have rental property income from one single family home. I have always reported the rental income on Schedule E ("Supplemental Income and Loss") form with the IRS and not schedule C because I hold title in my o...
Hello again BP Professionals. thank you once more for the great responses on questions to info-hungry (new word) like me. I would like to know how do you verify somebody online that says they can finance your deal. I...
My name is Shaan Mathur and I'm new to BP. I got my start with real estate investing in 2011 when I decided to buy and owner occupy a triplex in Seattle on the advice of a good friend of mine who works in commercial r...
I am looking for advise and info on investing in notes. I just read about such an idea and I'm curious. I'd like to talk with someone in Bend Oregon or Portland Oregon about this topic. I'd like to work with someone w...
i don't see anywhere in the IRS code that states that the QI needs to be anyone in particular. It just can NOT be a relative, or your accountant, realtor, etc.I was just quoted a $1200 price for a 1031 exchange prof...
A guy from my REI group is looking to borrow some money for a few months to cover mortgage cost for a property that he flipped. I am thinking about reaching out to him and help him out and also build my network at th...
Hey BP,[Disclaimer to the question I am about to ask is that I understand that at the end of the podcast they ask a similar question, however, the answer(s) I am searching for are slightly different]I have one simple ...
Houseshare/roommate setting.
Had one person want to bring their 60 pound dog. Said it was house-trained, not kennel-trained. Young tenant, probably 20 or 21 years old. Friendly breed of dog. Would you rent to that si...
I own three rental homes in Central Texas. After a recent full remodel, I listed one for lease with no smoking and no pets. One applicant listed two persons and a cat. I decided to waive the cat and we started negotia...
We had a really bad guest this past weekend. We are still cleaning up the mess. The summary is this: The guest claimed to have a service animal to aid her medically. We told her that she is allowed under ADA and Airbn...