We will be sending our tenant a pay or quit notice for non payment of rent for a rental house located in Houston Texas. We are new to this. The lease stipulates charges for late fees(an initial charge and then daily)....

For taxation purpose, how would this work? My 'Holding company X' in WY has two LLCs registered in IL, One of them is in active rental - STR, and another holds assets in a LTR business. I know that the 'Holding Compan...

I will be closing on my first property soon, I am so excited I can hardly wait for closing to come. I have been reading & studing real estate for 2yrs and finally took a step of faith this year.
Yesterday was insp...

"A" went to pay HOA fees and was told by HOA the fees were $100.  HOA called "A" and left voice mails in two different occasion.  Approximately a month after that, "A" received a letter from HOA with an attached check...

I'm not sure this even makes sense so here goes.

Property for sale is a 57 acre parcel with a subdivision in place for 6 parcels. One of the parcels is an old farmhouse with 3 acres. We are interested in purchasing t...

Hello - 
I recently bought a town home in Chicago and wanted to see if you have any recommendations for firms who can help me with property tax appeal in the NW suburbs area?Is it worth the time and money?  What are ...

Hi there. I may be selling a rental property in NJ and use the proceeds to buy 2 or more properties in another state. I was wondering if any of you have experience with using a 1031 and how it works.  Who can the sell...

Hi BP,Need help with a 1031 question.On a 1031 election, can you liquidate the proceeds prior to the ending of the 180 day period requirement without penalty?If so, are there specific situations that allow you to?    ...

Hello BP community,
My wife and I purchased a duplex in a B class area about 1.5 yrs ago and inherited 3 adult tenants in one of the two units. This was my 1st property.
I live in one of the duplex units (my wife li...

Good evening BPers,I wanted to run my specific situation past the collective of you in hopes of some well thought out help. I'll give wavetops and hope to get some decent advice on moving forward.Situation: I'm a real...