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I bought 5 single family rental homes this year so I have a lot of negative cash flow to report on taxes. I'd like to declare myself a "real estate professional" as I'm on sabbatical from my W2 job this year and coul...
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Can anyone share their experience on converting a single family primary residence into a rental property? I’m going to be moving out of state and want to keep my property but I’m unsure on all the changes that need to...
Hey guys I’m a new investor that was looking primarily to flip houses but kept noticing there were very few properties in the area to rent. Over the course of a few months the inventory just seems slim. I wondered if ...
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Just thought there should be a thread where the class action attorneys can go to get a list of plaintiffs who want to sue the states. I'm so in on suing the state governors just say the word.
5th Amendment US Consti...
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I have several investment properties and have a weird one here.
My tenant, who the lease is with, passed away from natural causes in the summer.
We found out he passed from some caretaker living there (that we had ...
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Hello Everyone,I'm purchasing an investment property in Memphis, TN and wanted to verify the information below is not problematic.Through research, I came across that Name Insured should equal name on deed, otherwise,...
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Does anyone know if a condo association (6 unit building) can pass rental restrictions that prevent you from renting? I think my association is trying to pass a rule so I can no longer rent out my unit (I am currently...
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I’m currently own & occupy 1 of 5 total units in a Medical Offices Condo Building. I have the opportunity to own the entire building over next 1-3 years. I have never dabbled in commercial real estate and worry th...
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Hi All,
I just created a BiggerPockets account, and I am a tax lawyer located in Toronto, Canada. If anyone has investments in Canada or is considering making investments in Canada, feel free to reach out!
Thank you.
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Hey all,I'm planning on using a primary residence loan on my first SFH or small multi-family house-hack; most likely an FHA loan. BUT..I am wondering what constitutes a primary residence?-Can I live there part time an...