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Hi! There is a property that I was interested in purchasing, but the person who I reached out to only owns a portion of the home. She inherited her portion from her mother, but as it turns out, her mother owned in wit...
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HI BP,Another question from a newbie:I have a property that the lease expired at the end of last month, 3/31. It is a Section 8 property, about 65% of the rent is paid by the gov't.When I received my owner statement...
I will be house hacking my primary home and I am wondering that are the implications on Solar tax credit and bonus depreciation?- Can I take the full 30% solar tax credit if I house hack a portion of the house? If not...
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Hey, I would like some suggestions to help my tenant catch up on back rent for July. Should I spread it over the remaining 11 months on top of her rent or are there any other options where I can get that money sooner?...
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Hello,I purchased a single family home last November, and one of the tenants(two tenants are paying rents divided half) has been late paying his portion ever since we took the ownership.He was late few days but paid i...
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I got an application from a nice young woman with a Section 8 voucher. I haven't done a Section 8 in about 10 years and I inherited that tenant (no problems with him or Section 8.) This woman is also on public assi...
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Hi guys,Can you please help me out?I am in a 30% tax bracket (not sure if this is important)I was thinking of selling 2 rentals.1) Rental 1. Bought in 2009 for 25K, now its 100K2) Rental 2.Bought in 2021 for 145K, no...
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Hello! Excited to learn from everyone. I’m planning to kick off investing in real estate in January (specifically section 8) and hoping to learn all the tips and tricks in the meantime.
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I've looked online for some information about the average % of the final home price vs. the price you purchase the home for and found that the home should be purchased for 70% of your home's final sale price. However...
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I am in the process of purchasing 3 properties all right next two each other. 1 multifamily and 2 commercial office space of which we plan on using a significant portion of for our medical practice. Coming up short on...