In the past I have loaned private money through a broker friend of mine. They always handled the transaction that is their lawyer who represented ME drew up the loan dox and secured the note ,mortgage etc. Also we all...
Hello all, I've been a reader for years and bought our first investment property in 2011. Currently looking to buy a multi family in the Bronx. It's a gut reno with tons of violations and over $100k in ECB fines. S...
Hi all, Does anyone know if we are allowed to change the cost basis for rental property? 2013 was the first year I placed a primary residence into a rental and according to IRS rule the cost basis was the lesser of fa...
Hey BP investors,
My tenants have purchased a home and I have found new renters to take over the unit. They were fantastic tenants and now I want to officially, and legally, amend their lease to end February 28, 202...
I received the recorders paper showing the recording of a SPECIAL WARRANTY DEED. One inaccuracy is a name AKA another name (ie, Mary Smith, AKA Mary Green, When it should have read (I think) Mary Green Smith, Smith b...
Hi. I have owned several townhomes in AZ. One property recently changed management companies. I received this present today seen below (on the heals of a $5k special assessment divided monthly into just a few short ye...
Here's my Pick . . .
Phoenix Officials Have Plan For 50,000 New Housing Units By 2030
https://www.msn.com/en-us/news...
PHOENIX, AZ — City officials in Phoenix are taking specific steps to
address the housing s...
If you were to purchase a property that has to abide by HOA regulations, such as a condo, what monthly expenses are included in HOA costs? Or are the monthly HOA expenses different for each HOA community?
I am having some issues with the township and some surrounding neighbors and wanted to see if someone could help. I own a recovery/sober living house. 10 members live in the 5 bedroom home unrelated. The township is g...
I initiated a 1031 on October 18, 2017 (a flip I owned for 4 months), and now realize it may fail. However, I've already filed a 2017 return. Will the sale be recognized by the IRS as a short-term capital gain in 20...