Jo Zhou
An old couple in difficulty and cannot pay rent, what could I do?
Hi, everybody, could you give me some advises for my situation? I have an older couple (in their mid 70s, they are in the wheel chairs), they have been paying the rent on time for 5 years. Lately, they have been late ...
Bilal A.
Any High W2 earners out there?
To the High W2 earning BP members out there, what strategies have you used to decrease your W2 taxable income? Depending on what state you earn your wages, income tax rates of 40-50% are unreasonable. Most of you like...
Luna B.
Postponing rent collection to lower taxes
I need to lower my rental income for this year due to some other income coming in.I know I can prepay certain expenses at the end of the year since I do cash based accounting. Now I am wondering if would work to have ...
Erina Sin
SW DC Condo - Financially Sound decision?
Hello,I would really appreciate some insight. I’m considering buying a condo in the SW Waterfront neighborhood (Potomac Place Towers) of DC, and am wondering if it’s a good financial decision. I already believe it’s a...
Sreeni Guntupalli
Tenant rent check returned in GA
Hello All,
I have a tenant who has been paying rent regularly until December (in Cumming, GA). But, the January rent got delayed and I was finally paid by check which got returned due to NSF. The current lease expire...
Tim Rothermel
Starting a non-profit to forgive note debt
Hi All!I'm new to the note industry and looking to try a new angle on it. (Well maybe not new, but I haven't found it yet). I'm wondering if it's a viable idea to build a charity around the idea of buying distressed...
Joseph Varnau
Syndication tax question
Hi all, I am still fairly fresh and new to BP....but have searched for this answer and have not found it yet. This question is for anyone that has been a syndicate investor. It seems most syndicates have plans for s...