Alyssa Magyar
Best Landlord Insurance for first rental property (no LLC)
I will be renting out my current primary residence starting in 2023 and wont be able to transfer the property into an LLC (they will most likely call the loan if i do) I am looking for alternative means of asset prote...
Paul Stout
Mobile Home Park Dog Rules
How do you handle dogs? If you buy a park and the tenants have "dangerous breeds" how do you handle that? Do you have them sign an indemnification agreement or get rid of the dog. What about mixes that are clearly ...
Sam Mathew
Tax Avoidance Strategy - 1031 Exchange & Gift It to my Child - Prove Me Wrong
Please prove this strategy wrong, but I have not been able to. I bought an investment home in Charlotte, NC (I live in FL) when my child was born (14 yrs ago) for $124k that is now worth $340k today. Because I switc...
Chris Heinmiller
Question for Shopping Center Owners- Am I Missing Something?
Hey BP!Earlier this year I started a bit of a side hustle to place ice vending machines in the parking lots of shopping centers and other open lots in Florida (Jacksonville area, specifically). It seems like I have a ...
Dan Gandee
HOLY SMOKES! I Owed $47K In Taxes!
PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...
Mirjam Kao
70k Cash, Terrible Tax Returns Great credit. What are my Options?
Hi!
My husband and I have been self employed, living abroad, but we've been looking to come back to the states and purchase our first property. Being self employed, despite having decent income our tax returns show ...
Matthew Alexander
Residence to rental in May. How to apply insur/tax expenses?
Last May, I converted my residence to a rental property, so it was technically a rental property from May to December. In November, I paid my 2017 County tax bill. When filling out my Schedule E, should I divide my ta...
Tyler Harvey
Neighbor called and said moving fence 1.5 feet
Hey the neighbor on one of my properties called this mornings and said he was having a fence guy come and move the fence 1.5 feet on to my property and showed me a survey that he had done. Moving the fence will destro...
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Real Estate Agents and Contracts
I called an agent on two properties listed in the MLS. I emailed them my list of questions (seller qualification form) and come to find out that this agent only "listed" the property for a flat fee, and offered to re...
BJ Crump
Vacant Land Tax Lien Possession in Alabama
Hello,I recently acquired a few tax liens in Alabama via the county tax lien auctions. After browsing this site and several other google searches, I can't get a clear idea of the how to take possession of empty lots ...