Julian R.
How to remove owner from foreclosure property.
Hello guys i was wondering if anyone can share some light on this. Im interested in making a highest bid on a home. The property county records show the bank as the owner 100 % however the bank is selling the home to ...
Steven Horvath
How Much Homeowners Insurance?
Just wondering what the correct way to do things are. I currently have homeowners insurance on what i owe on my rental (80k) not the value of the property (105K). Should my rental be insured for the full value of the ...
Michael Plaks
July 15 - the SEVEN tax deadlines
First, the good news. Due to Covid-19, they are letting the inmates out, so you're unlikely to end up in a Federal prison for tax non-compliance.
The less exciting news is that this July 15, formerly known as April ...
John Smith
Real Estate Agent Neglected Duty
I had a property under contract as the buyer and fulfilled all my duties. The seller backs out and claims they didn't receive receipt of earnest money bc my agent didn't send it in the time specified under contract. I...
Tim Barry
Selling half a property to partner?
Hey all,
I purchased my first rental on my own and then teamed up with a partner (family member) and have bought several more 50/50.
I was wondering what needs to be done to sell half the one I own to him?
Can we ...
Chuck Brooking
Home office tax deduction while using a UPS Store mailbox?
I need to use a street address for a dba filing and plan to use a UPS Store mailbox rather than my residence address. Can I still get a home office tax deduction with the business address different from my residence?T...
Andrew Brink
Baltimore Investment Property....Help BP
Good Morning Biggerpockets World! I have recently purchased a house as my first investment/home. It was a newly renovated house with new hardwoods, appliance and so on. I have been in the house for less than a month, ...
Kyle Jenkins
Should I form an LLC? What is it?
I am about to move out of my Condo and will be renting it.
Should i form an LLC or some other sort of bussiness?
Why should I?
How do I?
Thank you!
Bryan Mitchell
Apartment Syndication Preferred Return vs 8% Compounding Interest
What would you choose between a 8% preferred return from an apartment syndication or an 8% return with compound interest? For the sake of the argument, both have the same tax advantages and appreciation upon liquidat...
Navid A.
Schedule E or Schedule C
BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...