Lisa Albright
Double insurance on 1 home
I hope this makes sense, we have a second home, we have our space upstairs(not rented) and made the basement into a studio STR.We do have an excellent Insurance company for full coverage on the home but they will not ...
Heather Hopkins
Subdividing Double Lot King County
Hoping one of you BP'ers may be able to connect me in Seattle, Washington. I have a piece of property on a double lot, there is an existing SFR and grandfathered ADU on one side, the second side is just open yard. I a...
Mark Faulkner
Townhome nearly doubles in value
Investment Info:
Townhouse buy & hold investment.
Purchase price: $375,000
Cash invested: $20,000
Owner Occupied Purchase and transitioned into a rental for cashflow and appreciation.
W...
Michael S.
Double Application Fee for Couples?
When my wife and I have rented places for ourselves previously, we only ever payed a single application fee. However, the prevailing logic I've researched says that each person over the age of 18 living in the house n...
Harris Harris
Double closing property tax situation
I bought a house six months back in Houston area by double closing. I'm the end buyer of the property. The escrow officer emailed me last month that the proration of the property tax was erroneously based on the non e...
Nathan A Williams
Double STR and MTR property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $15,000
Purchased two houses on one lot for $250,000 at 2.5% interest. Both properti...
Account Closed
double close and tax delinquent
I have a question for the BiggerPockets family. When I have a property under contract and I am going to wholesale the property. When doing a double close can I use the same contract that i used with the seller or do I...
Marc Freislinger
Contract assignment or double close?
Since I don't have the resources to fund every deal I come across, I've been doing some research on wholesaling/birddogging. It appears that there are two basic ways to do this.
Contract Assignment
As I understand it...
Ray M.
Would I be double taxed?
If I were to direct deposit money from my 9-5 job into my business bank acct. Would I be taxed on that money 2X....Once for personal and once for the business?Also, would this violate keeping personal money/business m...
Terry Royce
Double Closing eating up profit?
It seems that most people favor double closings so that your end buyer does not know what your profit is.
My question is say you purchased a 150,000 house and double closed on the property at 160,000 wouldn't this ea...