Our tenant in a SFH complained of a smell coming from the basement about 2 weeks ago. We just got an inspection for it and the inspector is pretty sure it's mold, just not sure of the type (not black mold). Does any...
Hello all!I have a tax question regarding the Section 121 2 year capital gains exclusion for primary residence...The property in question is originally 3 subdivision lots. Wanting to re-divide the property and sell of...
If a guy owns a house free and clear, and agrees to give it to me for free can he write it off on his taxes? If so, would he just use the tax assessed value? If not, is there any type of credit he could get for doi...
Quick question about tax implications of leasing to yourself. I am a 60% owner of an LLC with 20 or so rental units in it. If this LLC were to buy a property and rent it to me, would this be a problem tax wise?
Her...
Hey all. I'm new here but I've been reading your posts and learned a lot. So my parents and I have been buying and renting out houses for about three years. I like to set my rental prices in the middle of the market...
Hello all I am relocating from ny to Florida (beveard county) I found a home that needs some work it is an as is by owner. the home is 125k as is I want to protect myself as much as possible and due all my due dili...
My business partners and I are in the middle of a big transition in our real estate portfolio. I am looking for the best companies for umbrella policies-- multiple properties in multiple states: OH, FL, TN, TX, SD, CA...
What's going on everyone! I'm new to biggerpockets and fairly new to the real estate market. Just got my license back in October 2014 with Keller Williams realty here in the central Florida area and I am looking to bu...
So I'm sitting at home on BP surfing the forums checking out the daily content you know the usual stuff and the thought comes to me what would be better to buy a MFR or to build it ?
You can check out my profile I onl...
Can somebody who lives off of the income from their rental portfolio help explain the mechanics of withdrawing cash from their portfolio? It seems like living off of rental income could get pretty complicated compared...