Hi everyone I have the opportunity to seller finance my house with a balloon payment due in 5 years. With high interest rates, it actually seems like a great opportunity. I’ve been living in this house for more than 2...

I recently purchased a piece of vacant land property with junk/vehicle sitting on there.Can I consider this my belonging since nobody has come to claim it since the last owners for several months? I’ve got an RV (mess...

Sold my rental house owner financing last year. This year’s mortgage note interested income is $4312. After put it in turbo tax. 700was charged for federal and state tax together. Does that sound right? I feel like th...

I own a home. I took someone to eviction court over a year ago and she produced a document that said she was in a property purchase agreement with me. She was later arrested for it for forging my signature and a notar...

As a Canadian looking to invest in commercial in the US, I (not surprisingly) do a fair bit of reading on the topic. According to a number of books / articles, it is NOT uncommon to request several years tax returns a...

The tenant left 2 months earlier than the lease will expire. I called, emailed, texted and no response.  Went to check on the property and neighbors told me that they moved out a week ago.  A lot of stuff was left in...

New investor troubles. I have a rental property that the tenant has vanished. It has been about 10 days since I have heard from them and the rent has not been paid for this month. Oct. Is the only way to deal with thi...

Hi all, I tried searching but could not find the answer. I have two questions that have been on my mind for a while and hopefully someone here can answer them.

1. Is interest from hard money loans tax deductible?
2....

Hi BP Family,

I bought a move in ready townhouse last September and have been doing smaller renovations since then. Backsplash in kitchen, removing popcorn ceilings, renovating bathrooms etc. My next step is to buy a...

I'm considering purchasing a commercial office building that has 4 suites.  My own business currently leases one of the spaces.  I would like to then convert it into a commercial condo. I know I would need to establis...