Michael W.
Accepting partial rent after serving Notice to Vacate
This is my first time evicting a tenant. This relates to a commercial (retail) building in CA.On 11/6, I served a delinquent tenant with a 3-day notice to pay or quit. Tenant requested that I give him until 12/15 to ...
Ishmael Johnson
Tenant wants to send partial past due rent
I have a tenant that has damaged one of my units and is extremely behind in rent, my plan is to have the tenant evicted. Today the co-signer of the unit reached out to me to pay a portion of the rent. My question is s...
Gevin Frey
I want to partially retire in 10 years
My goal is to acquire enough properties and do enough flips to walk away from full-time work in 10 years. I have a lot of equity in my home that I plan on putting to use to start this. I here to get all the info I can...
Greg D.
New Porch Tax Implications (expense,capital,partial disposition)
I just had a new 3 story porch installed on a 4-unit residential building for $18k. This included the cost of demolition / disposal of the old one and construction / materials of the new one.1. Can I expense the cost...
Account Closed
Chicago AirBnB Registration App-Partial vs Entire Dwelling?
Any Chi-town STR experts here who can help advise on the city's latest registration approval process? You seem to have a choice between applying an an "Entire Dwelling" or a "Partial Dwelling." If the latter, it seem...
Bobby Gillespie
Permit Advise... For a Partially Completed Property Purchase
After many months of submitting offers, I have finally landed my first flip property.... yeah. I've just started my inspection period (thankfully it's 15 days) with my house inspector booked for Monday.I'm looking for...
Brandon Sturgill
Structuring a partial seller carry with existing lien...
Is there a way to structure a partial seller carry with an underlying lien outside of a wrap, lease option, or contract for deed?...For example, a property with a 50% mortgage balance to be used as a long term hold (n...
Gursel Demir
Buying a partial interest on an inherited house.
A brother and sister inherited a house and are in title as tenants in common. The brother, who lives in the house, wants to sell but the sister, who lives out of state, is refusing.
In the mean time,...
Todd Willhoite
Is hybrid 1031 and carry partial note possible?
I am thinking of selling a property that I have held almost 5 years. The buyer has offered an amount close to what I want. Can I do a contract where he pays that amount to a qualified 1031 intermediary and for the r...
Chad Buczek
Buying 1st commercial property with partial owner financing.
Hi BP community,I'm looking to buy my first investment property and it's a commercial property. I've just started communicating with the bank to feel them out and put myself in front of them as an educational experie...