I am interested in investing in new to me multifamily markets in the US and have found a ton of data.
I have a ton of criteria to look at and understand it. But the question is, after all this data gathering and sum...
I had question about the mortgage interest deduction on my primary home. I understand that I can deduct mortgage interest up to $750k on my personal residence. Let's say my 1st mortgage balance is $600k and I want to ...
I am in the process of purchasing a small self-storage facility with existing tenants (no contracts), and everyone seems to pay different amounts for the same size units. Some have been there for 10+ years, and some d...
Hello BP Community!There are a few threads about this topic, but I haven't found one specific for my scenario. I have two applicants, both meet all minimum qualification standards. One applicant will be living with 3 ...
This may seem like a simple question but why are so many landlords against renting to Section 8 tenants; when it seem like a pretty guaranteed payment. I've always thought renting to Section 8 tenants would be one of...
I have a rental property in Philadelphia. The tenant is looking to move in late Spring and the house needs renovating; new kitchen, new bath, exterior doors and basement are the main issues. I can not rent or sell i...
I was advised by an attorney that in order to wholesale property for cash I must have specific forms and utlilize full disclosure. I am hoping someone can elaborate on these two advisories. I want to do things legal...
I am speaking with a closing attorney to get them to do a standard double closing. I define standard as when funds from the B-C transaction (me selling my interest in the A-B transaction to buy a property) are used to...
I was wondering if there are any tax deferments for selling of a 2nd home and using proceeds to lend to someone for an investment property. Do the standard tax deductions apply when selling a 2nd home? Can you roll th...
Hi everyone. There are two houses on my property. The main house is 1600 sq ft that my family lives in and the house in the backyard is 800 sq ft and is rented out. We have put a lot of money into our property since b...