Bryant Mortimer
What are High Net Worth Individuals And Why They Continue to Buy
According to Forbes, the U.S. has the most High Net Worth Individuals in the world. A High Net Worth Individual (HNWI) is generally accepted as person who has $1,000,000 or more in liquid assets. A liquid asset is mon...
Suzanne Damon
Capital Gains avoidance
Question: My 94-year-old father-in-law in Law is very well-balanced in assets . He has a home in WNY that is owned and was a marital primary residence until the demise of his wife. Now, if he were to sell he would owe...
Corderos SMith
Is a 5.35% interest rate worth it?!
Longtime reader first time poster. So my finace and took the first step towards purchasing a home. We recently got an estimated FHA loan approval for $125,000, our lender said she can use a tsahc (Texas state affordab...
Dylan M.
Good or Bad Idea? NEED ADVICE on Partnership Idea for First Deal
This is my very first BP post, so I hope this is in the proper forum. I'll try my best to be thorough. BACKGROUND:I am married with two young children and am looking to make my first real estate investment. We are int...
Kevin Boyd
STR as Wedding Venue
Who uses their STR as a wedding venue? I have one property that, while we haven't advertised it as a wedding venue, we have hosted several wedding there. I have another property that I may sell, but I am considering m...
Mehran K.
Multi-Member LLC Operating Agreement for Buy & hold, Key Points?
Hi everyone,
I and a possible JV partner are planning on purchasing a property with all cash, rehabbing it, and renting it out. In the future we may seek financing after seasoning to pull cash back out. We are open t...
Bryce Robbins
Wedded Investors from Atlanta, GA
Hey Fellow Investors!
My wife Julianne and I wanted to take a moment to introduce ourselves to the BiggerPockets community! We just got started in this wonderful business about a month ago and, while we have...
Chad Franich
How do I evaluate multiple tenants
Greetings. We’ve recently rehabbed a 3 bedroom house and have listed it for rent. I have several people that have applied and when running their credit reports sometimes say a married couple ( the husband has decent c...
Katherine Bernas
Tenant breaking the lease contract
Hi biggerpockets members. I would like to ask yall opinion on how to deal my situation. My tenants are both female, and they are friends. Today we received a text from one of them stating that she will be planning ...
Jason V.
Section 121 gains exclusion reported on what IRS forms if home was rental for 2 yrs??
It's my understanding that if there's a "partial exclusion", I'd use a Form 8949 with Code H...And if it's "fully excluded" and there's no 1099-S issued (which I indeed received no 1099-S), then I'd simply not mention...