Hello, I finally purchased my first duplex using a 3.5% down FHA loan. I’ll be living in one unit, having a roommate paying me rent in my personal unit, and also renting out the other unit. I’ll be profiting a few hun...

My grandmother recently received my grandfather's half interest in a 4- flat as the surviving spouse. One of the apartments had been used as their principal residence and continues to be used by my grandmother. The re...

I most likely will be moving a property into an LLC. Most likely the lender will notice the deed change and call the loan. This means I will have to pay it off. I can do that. But I don't want to have that much equity...

Hi all, I just paid a sewer scope inspection. the observation was: " A belly was noted in the line. A belly occurs when settling or compaction of the soil occurs below the pipe and causes the pipe to have a low spotwh...

I am looking to partner with someone out of state from me.  I am bringing the (majority of?) capital and he will be boots on the ground/management.  Additionally, I see this as having potential to be a larger relation...

My grandmother owned a property. Passed away, now it's in my mother's name and my uncles name. The house has been there since 1930. Can this property be sold by my uncle without my mother's consent? the house is pa...

Made up example scenario:  I just closed on an REO I intend to fix and flip and have had an inspector come through and give me his own SOW for the property. I want to hire a GC to pretty much manage the entirety of th...

Hello BiggerPockets community! I hope everyone is safe during these uncertain times. I am happy to say my wife and I are finally leaping out of analysis paralysis and purchasing our first buy and hold property.  We a...

A syndication investment sold in December. The Sch K-1 was not marked "Final" because the sponsor held some money back. My CPA says the capital gain can not be offset by the passive losses because "the passive Activit...

Hey everyone, this is my first time posting in the community, so apologies in advanced if I violate any social norms here.As I understand, selling a personal property allows for no capital gains taxes to be paid on th...