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Hi all!I'm a newbie, have not gotten my feet wet yet, I'm looking at a auction property and I notice on the title info a number of liens as such:JUDGMENT AND LIEN INFORMATION 1. Company requires evidence of the Dismi...
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Hello BP community! How is everyone doing?I need some advice on how to terminate my property manager for failure to maintain an occupancy system with the purpose of satisfying customer demands. My oceanfront studio un...
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Hi my name is Shawn SwaglerMy business partner, Dave and I are attempting to buy a property from a person who is doing a sale by owner and in 2016 his brother-in-law, who was the contractor lost his family in a car ac...
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Hello all.I am working on refinancing out of a BRRR-STR property I purchased in an LLC since we have multiple owners. Our mortgage broker just quoted us a 6.75% rate on a 30-yr fixed 75% LTV loan. He initially quoted ...
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Im looking to purchase my first rental property but i am not sure if should LLC or INC. first or neither. I want to know what i should do. Also should i buy my first home for my family first to take advantage of FHA l...
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We have some capital gains this year and read about opportunity zones and how they can partially and permanently remove tax payments on capital gains depending on how long you hold the investment. I am looking to pote...
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Accounting/tax questions:
Many of us know that in order to qualify as a real estate professional status, one of the things you have to do is you have to perform more than 750 hours of services during the tax year in ...
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I'm wondering how do you write an offer with contingencies' for an investment property? I'm looking at multifamily properties in Boise, Idaho and my Real Estate Broker said that I need to make an offer in order to se...
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Hi!Does someone mind offering insight to the value of a mortgage release, in the perspective of a lender as opposed to letting a house go to foreclosure or offering it up as a short sale.Here is a link to the descript...
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Hello, I have a confusing situation regarding 1031's, and if anyone can provide some insight I would really appreciate it. Two of my relatives were partners on a duplex, and I bought one side of the duplex from them w...