George P.
When 2nd is wiped out at foreclosure sale
When 2nd lien position mortgages are wiped out at the first mortgage foreclosure, do the banks (note holders) have a right to file a deficiency judgment agaisnt borrower in order to try and recover their loss (at leas...
Luiz Souza
Short Sale and Fire
I am involved with a SS that is scheduled for auction in a few days. I just found out a drive by BPO was already done. My intention was to meet the BPO Agent at the property and show him the fire report/ insurance do...
Brian Tracy
Has anyone purchased a property that is being sold via trustee under Chapter 11?
I'm buying a 4-plex that apparently was owned by an LLC that is undergoing restructuring. It is my first property, but seems like an phenomenal deal. However, it seems like there are some procedural twists and turns...
Chirag Shah
How to remove a disabled tenant?
Hey all,I am acquiring a duplex and hoping to house hack. It's my first property, and I'm just learning the ropes. With that, I've never elected to not a renew a lease, and to that end, of a disabled individual. Moreo...
Michael D.
Pennsylvania LLC Tax Return Help
I've gotten myself into trouble and would love to get some advice.The setup:5 years ago in 2011 I created an LLC in Pennsylvania to purchase my first rental property in Pittsburgh. Since then I've added on 3 more prop...
Eric Goulston
Can i put lien on a co-owned property?
I have a property that was intended to be renovated and sold in Maryland. There are 3 other partners involved and we created on LLC, each with 25% ownership. Unfortunately construction was being done by one of the p...
Emmett Dempsey
Foreclosure Auction Issue - What do you think?
Hey all. Well we won a county foreclosure auction on March 1st. Yeah right? Well not so fast.Seems there was an open motion to vacate, which is normal. We knew about it.Sale was March 1st...we got the Certificate ...
Toben B.
How to handle taxes as I move my rent house to my LLC?
Hello,Last year I quitclaimed 2 rent houses from my name to my LLC. Do I just copy the depreciation over to my LLC forms?Anything I need to watch out for as I file my taxes? This was not a sale so I think I just move ...
Tim Ivory
Filing Taxes 2018 with LLC (Beginner Question)
Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
Bruce H.
Newbie from Sugar Land, TX (Houston)
Hi Everyone!I will start by saying how impressed I am with the Bigger Pockets community. Although I only joined the site a short time ago, it is refreshing to see so many smart people willing to share ideas, experien...