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Hello! Recently I made contact with a property owner I had been searching for quite some time now. The property is vacant with almost 20k in delinquent taxes (in tax sell status). She is in the hospital recovering ...
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I am trying to calculate my building basis for tax purposes.
Can I add the items under the heading "Adjustments for items unpaid by seller" on my HUD statement? Specifically, "County taxes" on line numbers 211? Thi...
Our closing is scheduled this week for a multi-family purchase, and we just found out that the seller returned the security deposits to the current tenants. We are inheriting the tenants in this purchase.What recourse...
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Hey I'm a newbie and I'm Interested in the BRRRR strategy, My question is what type of agreement do you typically see with private money as far as interest and duration of the loan etc.
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I've got the Zillow API working for me to collect all the basic data for the property. However, one glaring issue I've come across is the price that is reported. It actually gives me back the Zestimate price, NOT the ...
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I keep getting letters from the Dept. of Revenue here in Tennessee saying I need to register my LLC with them for certain taxes. I have an LLC with several rental properties. These are all long term renters and everyt...
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Hello!My tenant is renewing their lease and the rent is increasing. How does this effect Last month's rent from previous lease? Does that return to tenant and the tenant pays a new last months rent congruent with the...
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Hi everyone!My husband and I are planning on jumping in to the Chicago market and are pursuing fix/flips. We are having trouble deciding which entity(LLC, S-Corp, land trusts, etc.) to create and are looking for advic...
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Glad to find you guys!!
I'm a native Charlottean with over a decade of sub-contracting expereince and have been a full-time, licensed real estate agent for almost 4 years. Always excited to learn more about making p...
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Brandon suggested I put this question in the forum to see who has a better memory than either one of us:
Awhile back, probably over 6 months, I listened to a BP Podcast that featured a young guy who spoke with Brando...