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I currently have a 1 bedroom/ 1 bath unit that the tenant stopped paying rent for after losing her job. I have notified her and talked to her about being late on rent and that it is a breach of the lease agreement.
W...
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Opportunity zones can offer great tax incentives that encourage real estate investors to invest in underutilized and low-income communities. They have become even more popular recently so here are some of the most com...
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Hi BP community,
I have a Lindley park home under contract and was scheduled to close Friday the 11th. Underwriting is holding up until appraisal is revised for ADU comps. This is a 1031 for me and would would like...
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So recently put an offer on a house, was accepted by seller 25 days ago. This house had already been approved prior to us submitting an offer, but the buyer couldn't get financing so it got relisted.The mortgage holde...
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I’m curious if any 1031 exchange hacks and method of extending conversion?
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my property assessment almost doubled this year. Any one also receive their assessment?
I’m in Mayfair section of Philadelphia
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Hi All,I have a rental property that I sold in 2018. I lived in the property for approximately 2 years, rented it approximately 1. My question is related to my adjusted basis on the home as this directly affects my re...
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I had a question for the more seasoned of you. I moved out of an condo after two years and prior to move in, many of the landlords items were there, including , old plants, some very old very used kitchen items in ba...
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Hi everyone,I am attempting to setup my first LLC for my first flip (in Georgia). In looking up the process I was presented with the option of using a registered agent for the LLC records. My understanding is this w...
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Hey BP -I’m DYI’ng my taxes this year through TurboTax and am stuck. Here’s some quick info on my situation:-I have a LLC- BRRRR’d one house last year- Using TurboTax to create K-1 for LLCWhen entering info into turbo...