I have a full time job as a waiter and have not invested in real estate yet. I will soon become a manager of a new restaurant owned by my boss. He gave me the option to say that I'm getting less money so at the end of...
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Hello,I have a 2 family property in New Jersey. I am renting out the basement illegally. Question - Will my insurance company cover me for any damages that happened to the property and is not related to the tenant in ...
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I regularly overbuy supplies from home depot when I am renovating/repairing a unit. When filing my taxes, would it be okay to use my original receipt instead of the return one? I know it’s wrong, but is it common prac...
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I've been house hacking for over six years-- it's been a great source of side income for me and I've hit a wall when it comes to increasing my loan pool due to my debt to income. My loan officer says I need to report...
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Hey BiggerPockets community!I thought I would share my most recent success story in order to help inspire new/beginner real estate investors. On June 4 2015, we bought an old house (1951) that had a pretty huge lot (3...
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My neighbor own,s some houses and i am trying to make an offer to him. He is willing to sell but is worried about capitol gains. What is the best way to purchase a house from him while saving him from taxes?
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I am a 19 year old who lives in Columbus, Ohio. I have my own landscaping company and have accumulated some money that I want to invest somewhere and make it grow. I would like to buy a multi-family property with an F...
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Hi everyone! Long time reader, first time poster. I found a property I'm interested in and I have some questions. The property is available via Sheriff Sale in Texas. While doing research, I found several "Notice ...
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Good afternoon! I'm working with a tenant that is a business. They want to pay me via EFT which I'm fine with. However, they want a W9 form from me to set up the EFT. I'm no tax expert by any means. The only sensitive...
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Hey,
I am in negotiations with the US Marshall’s on a property that was seized in a tax evasion case. It seems like they like my offer, but they want me to put up 10% earnest before they accept. Is this normal? Is the...