Anna Milligan
2 working parents and 4 kids... getting into REI
Hello, My name is Anna Milligan and I'm new to Bigger Pockets. I am a professional structural engineer in Columbus, Ohio. My husband and I have long been interested in real estate investment. We have four tiny human...
Ricky Stafford
Deduct rental expenses from rental property in parent's name?
Hello friends -I recently bought a home that I lived in for a bit and am now renting. The house was purchased about 6mo ago. I was unemployed at the time as I had quit my job since my other rental income exceeded what...
Mindy Jensen
Parent passed away with no will. What happens now?
A member reached out to me asking for advice.
His parent passed away suddenly, with no will. What is the first thing he should do?
I have no experience with this, any attorneys, CPAs, probate experts who can give a...
David Haley
how to handle prorated rents and endless parent!! requests
We are new to College student rental: Lease starts on 3rd of the mo - are we obligated to prorate that month? Lease end date is the 24th-do we prorate that month as well? We are renting our 2 year old investment prope...
Heidi Kloeer
Pottstown PA rental inspection lawsuit - big win for renters
I was asked to post this for a member of the local landlord group. More to follow soon:
Pottstown, Penn.—This morning, the Commonwealth Court of Pennsylvania issued an opinion vacating and remanding a lower court’s ...
Nicholas Rice
Should I buy my parent's house for the equity?
Hey BP! I am just starting out on my real estate investment journey and I need some advice. My wife and I have the opportunity to buy my mother-in-law's house for a good deal. She is willing to sell it us for $250k, a...
Mike Polizzi
Hurricane Sandy Re-Build: Need Advice for my Parents!
Hello BP, I need your help now more than ever!Here's the scenario: In October 22, my family found out that our life life long vacation home/rental property was absolutely demolished in Hurricane Sandy. Although my par...
Colin C leamy
How to convince my parents to partner with me?
My income and savings don't allow me to get into real estate alone. I've been trying to find an "out" and I managed to get my parents to consider the prospect of lending me some help but they are the glass half empty ...
Andy Winningham
Investing with my parents: Loans, Deeds, and Entity Questions
Hey BP Community,First, I've searched around other forums for some specific answers to my questions and didn't find any. Forgive me if these have already been covered elsewhere, and if so, just direct me to where I ne...
Becky Bates
Buying parents home under a LLC for low price
Could I buy my parents house under an LLC for say $5000 and keep it as an asset deferring the capital gains tax into another property?