Long story short... need some sagely advice. Inherited a property from a family member passing late last year. Property is in a great STR location in Wa state. Once we took possession we did a complete rehab on the pr...
This may be a stupid question, but I am curious to know. I have never seen nor heard where anybody talks about this. As a landlord, how do you own your personal/primary residence? Do you personally own it and pay the ...
Hey everyone, I am just beginning my real estate journey and have several properties I have identified and will be reaching out to the owners. The only issue is that I do not qualify for a traditional loan. I have the...
I own an insurance agency and over the last 13 months I have bought, rehabbed, and rented 5 SFR’s... I actively manage the properties and I run them like a business. I meet/screen prospective tenants, I cut grass, pai...
Hi Everyone, I am new to investing in rental properties as I mostly build and sell and I have a question about showing a loss or breaking even on my income tax return. Let me give you some background. I'm building a ...
I'm a real estate broker (18 years) just outside of Vancouver BC Canada 🇨🇦 ♥. I own a few properties and have developed a handful over the years through the rezoning process until I receive approvals from my municip...
What implications do homestead status have on tax lien purchases? Should I steer clear of these properties or are there any advantages to pursing theses properties? Everyone seems to have homestead exemptions in rural...
Hello. I live in Miami, Florida. My grandmother left me a house but it has tax lien. She died in 2003 and I was a minor. My guardian never properly had the property transferred to me so the taxes paid on the house for...
Hi, I just recently bought a single family home and am trying to decide what to do with my current condo that I've lived in for the past 8 years. I paid $250K plus 30K capital improvement so 280K tax basis. Based on c...
Hello BP Folks,I have been recently hit by a complaint from the school board in cuyahoga county for my 4 unit rental property for an increase in property tax from 51k value to 173k valuation. I have the counter compla...