HelloHope you can help with a technical question about 1031 exchanges.Does anyone very familiar with 1031 exchanges know what IRS considers having rights of ownership in replacement property that is considered suffici...

Gurus,
Need some advice on year end tax filing for S Corp based out of Georgia. I have a new LLC structured as S Corp and need to file my year end taxes. Couple of questions1. Is Turbotax Business a recommended tool ...

We are in the middle of a rehab and our contractor is dragging his feet (excuse and excuse). Have any of you ever fired a contractor that has a lien on your property in the contract? Osvaldo 

1]  Lots of questions about how to qualify as a Real Estate Professional.  The absolute best resource for this are the IRS Audit Techniques Guide for Passive Activities.  In particular Chapters 2 and 4.  This is writt...

Hey BiggerPockets,I need advice because I received a letter from Mid-Atantic Appraisal Consultants INC. I purchased my parents 2 family home by assuming their mortgage last October.The letter states I can be overpayin...

Many seasoned Realtors, especially on these forums, likely already know what I'm going to share and use escalations all the time. I didn't break any new ground or invent anything new. I've simply put things I've lear...

I've read for the past hour regarding this and learned a wealth of info.  I will be offering the asking price.  Owner occupant bidding ends at 1159pm ct on 6/6.My buyers agent is not real experienced (although her fat...

I've had an accepted offer on a 4 unit in WI since Dec.
Purchase price=$160k Fully rented gross rent=$2900, repairs of $5-10k needed, earnest money=$3k

I had a local bank lined up that was willing to loan 80% on ap...

Hi all,I have a contractor doing some work on my South City duplex. He told me he'd be done by Monday 2/17, so I gave him a few more days (until Wednesday 2/19) to complete the work. All of this is spelled out in my c...

How do you proceed with abandon cars on property? I evicted a commercial tenant at the beginning of December and she signed a paper stating she was abandoning everything in the unit. She left four cars on the property...