I bought my first probate list from Dec. '12 and I was wondering if you mailed to executors with the same address listed as the decedent?
I know this is usually the surviving spouse, but have any of you found it wort...
Hi BP,I'm in the process reviewing applications for a SFH and uncertain about the following: Can a married couple that shows more income on the application be considered "more favorable" to me than a singe person tha...
So I bought a piece of property for $50k (owned personally) and developed it into a restaurant (LLC invested $125k). Now I’m selling it for ($175k) and am looking for suggestions in structuring the sale between myself...
I am going to start out by saying I know this is a bad idea. Unfortunately my girlfriend is not as logical.I have just been denied on a loan after having pre-approval and making it close to closing on a home. The lend...
Hello BPI am still a beginner in REI. I do own one SFH and manage another. I have been reading and learning so much over the last 6 months that 2016 will be full steam ahead! I do have a partner that wants to buy mor...
Hi everyone,Currently living in queens, work in Manhattan.We (girlfriend & I) want to buy something outside the city but within approx. 1hr commute to Manhattan.We want to house hack but also hoping the property w...
Hey everyone, I would really like some input and suggestions about my current situation. Long story short, I just turned 35, I am seriously considering joining the military. My age doesn’t scare me as I’m in better sh...
I'm looking to invest in my first rental property this year and was wondering how many months of reserves should I have saved up considering we are in a recession? I want to make sure I have a cushion in place, but I ...
Here’s the answer:
To qualify as a Real Estate Professional (RE Pro) in 2024, you need to meet certain criteria set forth by the IRS.
Here are some of the key requirements:
1. Material Participation in a Real Est...
Hello All,First post on here, I am just getting started in the RE industry - specifically foreclosures. As a major part of my work, I need to research properties, and then skip trace the homeowner to make contact. How...