Interest income is taxable on schedule B. As a lender, what if the note in addition to interest also calls for a split of the profits on a flip, is that also considered interest? I'm assuming lender has no ownership...

I'm ready to sign an offer to purchase on a property that has water in the basement/foundation cracks.  The offer includes an inspection contingency. The contingency states Defects do not includes those the Buyer had ...

Hello there, has anybody done this before. If you evict a tenant and the courts gave you back possession and also awarded you the financial judgement you had asked for (unpaid rent and paid fees) which the tenant can'...

Taxes implications for buyers and seller on Seller finance deals!?I’m working on a seller finance deal and have some questions on Taxes.Seller: Family member Seller’s Purchase price in 2009: $180,000Property owned fre...

I have got a question in regard to the screening tool that Cozy offers. When the prospective tenant orders a background check and credit report, does Cozy send a copy to you or does the tenant forward you  the report?...

This post applies to Maine landlords, but may be useful for others as well.  For 10 years I used padzilla, also known as tenant-net, for eviction and credit report screening.  They did an inspection of my office so th...

I have one rent house and my tenant has never been late in the 3 years they've been there. I was wanting to report the payment history to help them build credit. Is it possible?  If so, how would I go about doing this...

I’m curious how many new or experienced investors would be interested in multifamily property analysis reports.You just provide the info on the property and the report is provided for you. This could be done for batch...

I've used SmartMove for my last 3 tenants and have had good experiences with all of them, but I'm currently trying to screen a tenant with SmartMove and 1) I can't tell if I'm still receiving a BP discount because it ...

I own about 16 rental properties.  From time to time, I consider selling a property and ask my CPA what he has as the cost basis so I can understand the tax ramifications.  Then there's a long wait...  Is there somewh...