Joe Davis
Double Close Transactional Funding
Hey BP'ers,We have always used transactional funding for our "frontside" contracts ensuring we don't need to assign a contract or use the and/or assigns verbiage on the contract. We have always felt that it shows a st...
Carolina P.
[MD] My tenant is at worst mentally ill, at best abusive.
I have a difficult tenant who has been a nightmare from the start. He seems to have mood swings and I had to stop him from making small repairs a bigger deal that they are. I know for a fact he called the county to tr...
Jennifer Stanovich
What happens to expenses if I move into rental property?
I am buying a rental house with proceeds from the sale of a rental duplex. I plan to renovate the house. There is a possibility I will ultimately move into the rental and sell my current residence. I know I would t...
Dennis Tierney
Cost Segregation Depreciation Uses
We came up with a couple of uses for accelerated depreciation by cost segregation. We had a failed attempt at 1031 exchange last year but were able to eventually buy an apartment building so the losses generated by th...
Edward Liu
Options if seller has 'seller remorse' on the day of close?
Today is close day for one of my purchases in NC. However, despite I completed everything needed from the buyer end (all the money is with closing agent, etc.), seller is refusing to sign final documents and close th...
Nicole A.
Baltimore County Rent Court
Hi Friends! Today I have a question specifically about Baltimore County rent court.I hire a company called myrentcourt.com to file any Failure to Pay Rent / Warrant of Restitution paperwork and attend court on my beha...
Danielle G.
Danielle, New From Edmonton, Alberta
I'm 23, working as a EMT trying to pay the bills but also get started in real estate. I currently do not own any properties, but am on the look out! Trying to decide whether to go back to school for 2 years and incur ...
Amol K.
Timing of next property for interest deduction
I understand that if I do a cash-out refinance on an investment property (Property A), and use the extra funds as down-payment for my next property (Property B), then I can deduct the interest paid on the cashed-out f...
Crystal Jackson
Insurance Claims and Owners Rights
I recently had to file a claim on my house because it flooded due to My warranty company installing the wrong size compressor in my A.C. unit. When they did this, I've been told it caused it to Completely freeze up a...
Grant Smith
Tax write-offs early on, and before a first property
Hi all,I'm taking action to flip my first property this year. And, I also intend to wholesale - both as a means of building up capital which will then be used towards buy and hold properties. With that I have already ...