http://www.cnbc.com/id/30968861
Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days. Now I cant use any of that income under Fannie...
I had a seller in foreclosure reach out to me this past week. The property that they are needing to sell is going to be foreclosed on this Tuesday. Due to the title company needing more documentation from the courthou...
Hi All - I am looking to make an offer on a two unit town home. Both units are rented out with long term tenants in place. Below is a screenshot of the model results but see below for a break out of the assumptions:
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Hello,My employer is in CA and I worked remotely from NJ in 2020 , I also own a multifamily in NJ and earned rental income in NJ. Do I owe taxes in both states even though I did not live in CA?Thanks
Hi BP community,New investor looking for some help creatively structuring a partnership. I'm looking at making a purchase with a long time friend. We'd each contribute equal capital into the partnership, but our compe...
My understanding is that an apartment buildings value (5 units or more). Is based on there income, not comps. So if someone has a building that a percentage of there income is down because of covid moritorium allowing...
Does checking your own Fico score (like on myfico.com) count as an inquiry on your report? I checked it today and I want to check it once more this summer or Fall.
I have 1 unpaid collection that I was unaware of unt...
I was looking for advice on how to refi a 12 unit multifamily I purchased recenly in New Jersey. Currently, the previous owner is holding note. There are 3 structures on the property totaling 12 units 100% occupied. I...
what do you normally do?