Oleksandr Ivanovskiy
Can you claim home office deduction for 2019 as an investor ?
Spoke with my tax adviser. I was told that I can’t claim home office deduction as an investor.She mentioned that I can only do it if I were a realtor.
Nick S Koval
Condition of a 4-8 plex rental.
Newbie Looking for advice. The red flags (condition of the property) one should be looking out for on their first walk-through with realtor?
Abdenour Achab
How would you mitigate the environmental risk
I live in California, and bought a tax lien certificate (technically a Certificate of Purchase) on vacant commercial land in Arizona, sight unseen, at an online auction. It's 36 acres, assessed at about $100,000, and ...
Sami Gren
prospective tenant doesn't have full security available
I received an application for a rental and everything looks fine, income, credit etc. the rent is $1600 and security deposit is a month and a half, the total to move in is $4000, however they only have in savings $290...
Chelsea Jeffers
Inheriting a tenant
I am a prospective buyer in the process of making an offer on a multi family unit. I was able to read the current lease agreement for one of the tenants currently occupying the property. There was no security deposit ...
What should you do if you suspect financial infidelity from a partner? Money is a taboo subject in many marriages, and it doesn’t help that some spouses take a hands-off approach to personal finance. As you might imag...
Account Closed
Schemes
I am a fiancial investigator and run across all sorts of fiscal mischief. Two red flags in M&A due diligence are being rushed to close and feigned disorganization of reocrds and information by the target.What ar...
Johnson Michael
Tips for getting into multi-family investing as passive investor
Hi BP family,
I am a relatively new real estate investor. I am about to get into a multi-family syndication as a passive(GP) investor. The minimum investment is $50K.
1. Is there anything specific I need to query/l...
Kenneth Honer
Second Duplex Lending Struggles
Hello Everyone,
About a year ago, I purchased a duplex in Spring City, PA (Chester County) which I currently occupy using 10% down FHA financing. It's going very well so far and I'd like to repeat the process again w...
Tom Kilburn
New possible tenant
Hi everyone!
I purchased my first rental. 2 bdrm in a small town. Interesting call today from a potential tenant: she lives in Canada and has almost 2 yrs left in her contract and then will be moving back to this ar...