Oraude Boston
Quit Claim Deed to be used as Creative Financing.
GA BP:
I Guess this would be some kind of seller financing/creative financing and need solid advice.
So I have a seller who lives out of state in Florida and own a bunch of real estate in New Jersey. I've closed on...
Jeff Wilson
Tax guy is saying I can't claim a property I held more than a year as capital gains
Instead he is saying I need to claim it has self employment income since it was not a "one time only situation". This is a fix and flip that I loaned money to. I have performed 3 other fix and flips and am continuin...
Joseph Gibney
Cost of fire insurance is killing my deal!
Hi all. I've got a duplex in East TN under contract. It's the second duplex I've offered on in the last month (last one didn't make it to contract). The two deals are similar in price & rent generation (rent is...
Kelly N.
Prospective Tenant with young dog, might be pit bull...
Hi all,
I currently have two vacancies coming up at the end of August I am trying to fill, both in the same triplex. I showed it to one prospective tenant today, he is very interested, but I have some concerns.
1. ...
Pete Harper
Can you sue subcontractor
I have an issue with a GC on a remodeling job. He has abandoned the job unfinished and refuses to answer phone calls, txt or emails for over a month now. I sent him certified mail terminating contract for default. I h...
Viral Patel
Questions about Roof Replacement with Insurance claim
Hello All,
Hope you are doing well. My house in houston had roof damage due to hail and strom damage. I have already identify the roofer and he helped me with the whole process of getting claim approved. I am replaci...
Austin Elm
Property Under Contract and then.... Fire!!!
I have a property under contract in Great Falls, MT that recently had a fire break out and was a complete loss. Every one is fine and no one was hurt during the blaze. I am still within the property inspection period,...
Mauricio Hernández
Neighbor's tree damage
HI;
I am in the process of rehabing my first flip. The brick fence on the back needs to be replaced and the damaged was caused by the tree thats on the back yards neighbor's property. I have been told that th...
Gary Mazzarella
Land Trusts/Rental Units
Hello BP, does anyone currently use and or have experience using Land Trusts to hold their rental properties in ? Are Land Trusts recognized and used in all 50 states ? Any insight, opinions or advice would be appre...
Jewel B.
Self Employed Lending Options
I am self employed and curious as to my lending options.I file my taxes and claim all my income and make my deductions.I will be using 2021 and 2022 tax returns.I am 100% owner of an LLC S-Corp.My self employed income...