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Results (8963)
Peter Paxos Buying 3-family from Uncle who was to downsize
15 November 2018 | 3 replies

Hi BP:

I have an Uncle who is an owner occupant of a 3-fam home. He has owned it for 40 yrs and is ready to downsize into a single family home about 10 miles away.

He needs proceeds from sale of 3- family to put a ...

Marissa Perez must knows for starting investors?
21 February 2019 | 4 replies

I am 18 and interested in the rei career. I’d like to know more from experienced investors what are important things to know or learn about, ive watched seminars about starting but I am still confused on how to begin,...

Raj Acha Selling my investment property - Need advice
30 April 2021 | 3 replies

This is our situation
Bought our house in 2004 for 285k in NJ and i was living in that house till November 2017Rented at in 2018 (Bought another house and moved into new house)Planning to sell it - I am getting aroun...

Brandon Addison Are there Solo 401-K-like options for Independent Contractors?
9 August 2016 | 7 replies

I've done some reading on the advantages of Solo-401K options (this article was awesome!).I am hoping to use funds from my adjunct teaching to invest in real-estate and was hoping I'd be able to shelter this income by...

Meleana Tuimoala Security Deposit hold
30 May 2019 | 5 replies

I have someone coming to bring a deposit to put my rental on hold for them for March 1st. Which is about 3 weeks away. $500 of the deposit is non-refundable. If he ends up changing his mind and wants to refund his mon...

Anthony Del Russo House Hacking Tax Deductions: Nitty Gritty
25 October 2019 | 4 replies

Hello BP!I am 3 months into my first SFH house hack (Going Great!) but am now trying to educate myself on further ways to be tax efficient.I understand how to calculate depreciation allowance on a house hack but was w...

Shahid Iqbal Seller backs away - 'specific performance' possible?
21 May 2022 | 4 replies

Hi Pros,
I can use your guidance here.
I have scenario where buyer signed a contract to purchase a piece of land here in Texas held by a trust. Contract is using standard 'TREC Unimproved Property Contract' with sel...

Chris A. Capital Improvements or write offs
12 December 2020 | 7 replies

Hello everyone. This summer I did a BRRRR in Ontario and I'm wondering what I should do regarding claiming the renovation costs. I purchased the property at the start of July and renovated it until Oct 15th. In this p...

Nikolas Engel Renovation cost in P&L
23 July 2021 | 6 replies

Oh boy, I am confused:I was looking at a P&L statement of a 40+ unit MFH and noticed that seller did not include significant renovation costs to update units each year in the expense section. Those expenses were l...

Richard W. Tax Lien Sale-high bid premium
29 May 2022 | 4 replies

Can someone comment on why municipalities charge a high bid premium on winning tax lien bids, and what happens to these funds since they don't incur interest. For example, I see a MD county charging a 20% premium ...