Will B.
Taxation of Unrecaptured Section 1250 Gains
Hello!Set of facts:- Lived in a residential unit as a primary residence for a number of years.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciatio...
Jackie Brassell
PM Help with STR in Myrtle Beach
Hello BP Members,My wife and I have purchased a SF property in N Myrtle Beach and need help/advice on managing the property since we live in VA. We were looking for a company to provide property management, but the co...
Aaron Mund
A simple mans guide to Realestate By Bill Vaughn
I just purchased “the simple man’s guide to real estate.†Has anyone tried it? I looked at several others before purchase. It cost about$110.00. I got a manual, a contract maker, and I paid $10 to get a coach...
Kimberly H.
How to deal with tenant late on reimbursing $50 utility payment
The LLC I manage owns a townhouse that we just acquired this year and rented for the first time this May. It is in Cook County, Il.Two employees of the waste removal company gave me bad info before we rented this unit...
Matthew Allen
U.S. Notary in Canada for Real Estate Deal
I am finalizing a real estate deal with Sellers here in Texas. One of the Sellers is an American citizen on an extended stay in Manitoba outside of Winnipeg. I'm hopeful some of you in the Seattle Washington, Michigan...
Anthony M.
re: LLC Partnership 2 couples
Hello, We really need some advice here, We have 17 years of Rehabbing experience, of fixing and flipping " Residential single family houses. Always Did our own work" and had Rental units, until the Crash.......Questio...
Troy Lilly
Harris county/houston probate leads (vacants?)
Hey guys, I came across some interesting statistics when looking into the probate leads I was buying. Which were $150 for the month. I use to pull the records myself and do the data entry myself, and I noticed that wh...
Marc Lyman
Legal questions to ask when checking references
Often when I’m checking references on a prospective tenant the old landlord is very tight lipped about giving any information stating legal reasons. I seem to get “I can only tell you whether or not I would rent ...
Nathan C.
Subcontractor Non-performance. Who pays?
Hi BP,I'm in a bit of a pickle and this opened up another question:When you hire a GC and their subcontractor does work wrong or does not complete the contract, does your GC require you to pay for the wrong work? What...
Brian Kraft
What to Do--Brand New Tenant Wants Out for Medical Reasons
With the lease starting today, I have a tenant who contacted me yesterday saying she was just diagnosed with "a virus" and needs to get out of the lease. She says she probably needs to take leave without pay from work...