Paul C.
Interest deduction for line of credit
Wondering if someone knows the answer to these tax questions... perhaps @Steven Hamilton II ?If you use a line of credit to finance the purchase of a rental property (not a HELOC), I know the interest is tax deductibl...
Linda West
PM delayed renting unit/can I recoup rents?
I hired a PM on 6/30/22 to handle an upcoming vacancy. Confirmed in writing and via zoom chat that the unit would be ready 9/1/22. For reasons known only to him and to God, PM decided to list unit as available 10/15...
Sergio B.
At the Courtsteps: Foreclosure vs Tax Deed
I am trying to find out whats might be the gotchas on acquiring properties on at the county auction : Foreclosure vs Tax Deed.I understand the basic difference between both, I am looking more opinions from experien...
Samir Abrahani
Need help on Rent to Own Deal!
Hi BP community!I need some guidance on how to get this rent to own deal going. I have a property in Tampa and I have found some tenants that are interested in doing a rent to own lease. Do I need to hire a RE attorne...
Mindy Jensen
Title Commitment on New Construction - Anything to Note?
Hey hey hey, BiggerPocketeers!A friend is buying a new house, and I'm representing her as her agent. I've never sold new construction before, and just got the title commitment. This seems a bit frivolous, since it's a...
David Howarth
Move-In Day
Hi just curious what yall do for Move-In day?
Obviously an inventory checklist. Do you also provide a Welcome Basket with a list of Emergency Numbers and Other Local Information?
Kenny Rains
First Time Filing Taxes
I purchased my first property this year and I am researching how I should file taxes next year. My property is operated under my LLC and I use business banking accounts. Can anyone share their method for filing taxes?...
David Sun
iFunding sells me a promissory note, very dissapointed experience
I participated several iFunding deals this year and then get to know iFunding CEO, William Skelley. At July, William called me several times introducing me some of his private deals. At that time I trust him and took ...
Mike Hummer
transfer tax
a friend has property in the state of Washington , She has it in partnership with her boyfriend. His name is on title, they just refinaced with her buying down the loan with her money only of $200k. The title or escr...
Dennis Nemitz
Inspection Time!
I have had renters in my duplex for 3 months now. I told them I would inspect every 3 months. I want to send them a list of what they should expect me to inspect. What are some of the things you all look for in your ...