Yuzi Stha
Converting oil to gas in Massachusetts cost?
Hi,I was looking to purchase a house in Arlington, MA which currently has oil and wanted to convert to gas. When I reached out the National Grid, they said there is gas line in the neighbor house but it needs to be ex...
Troy P.
Sell Rental to Tenant - Lease Addendum?
Hi all,I'm planning to sell one of my properties to the current tenant at some point near the end of the lease period. I'm curious what others have done and what is the typical sequence of events in this situation.I'...
Moses Sefah Bosompem
Private Sewer over Town Sewer
I have this property I'm flipping now and has a private sewer. At the time of construction the town sewer hadn't been extended to the neighborhood the property is found but now has one right in front of it. Will it be...
Jacob Page
Whole Sale question (P&S)
Hi all,
I have a potential seller who is in a bind and wants to back out of a P&S agreement they signed with another buyer due to the amount of time it is taking to sell property. They don't know if they will ha...
Dan L.
Quitclaim Deed from the City
I am looking to put in a bid on a property that the city “owns”. However, as I'm going through the process of putting in the bid, I noticed it has to be a quitclaim deed. Is that common for purchasing property off th...
Johan Garcia
IMPORTANT: New Proposed Tax Legislations Benefits RE Investors
You might want to hold-off from electronically filing your 2023 tax returns until January 29th. By this date congress is aiming to pass the Tax Relief for American Families and Workers Act. This tax legislation extend...
Dean W.
Rescinding an offer to lease a property
Is it permissible to rescind a lease offer after the offer has been verbally extended and the lease was sent to the prospect for signing? I extended a verbal approval and offer to rent my property on Thursday. The lea...
Jacob Shadix
Material Participation for STRs w/W2
For those working full-time jobs and self-managing rentals, do you qualify for material participation? 500 hours seems like a stretch for those that tend to only spend 30-60 min/week managing their properties.
Enrique H.
Eviction and 10 day notice.
I have 2 questions that are related.1. Do I have to wait till August 14 (thats when courts here in Indy will re start eviction process) to give a 10 day notice to pay or vacate?2. Does anyone know if eviction moratori...
Jerrold Stallworth
Short Sale Forecast? Increase or decrease for the next few years?
Hi BP Nation,
my focus is Not short sales, though I take them on when they are available (got one going right now).
If I wanted to put more short sales in the pipeline, would it be worth the effort? Are...