I’m looking at purchasing a commercial property that is under a True Triple Net Lease for two years. I have never dealt with these leases before but understand the concept. My question is how do you collect the I tax ...

Here’s my scenario:Parents have passed away and left 2 sons their primary residence (which was in a family trust). Prop 19 requires one of the sons to make the home their primary residence within a year and file exemp...

Hello all,Long time follower, first time poster.Here's the situation that my wife and I are in: We currently own two condos in the same village outside Chicago. The first is a 1BR that we use as our primary residence....

3 Reasons Note Investors succeed:1) They invest in their education and training on an ONGOING basis2) They do massive outreach to peers and sellers on an ONGOING basis3) They put systems in place so they buy right and...

HiI am newbie and listening to Brandon Turner's book where he mentioned Buying, Rehab, Rent, Refinance and Repeat ( BRRRR) Strategy. I am not following one aspects of it, any help would be highly appreciated, as I fee...

Hi all - I know this topic has been hit on a few times but I wanted to ask my question in a very specific manner to get collective expert feedback.  I understand I should consult my CPA, and I will.  They are, however...

I am referring to the rental property calculator final report page 2 on the "Analysis Over Time" section.  I just used the calculator for the first time and was wondering if anyone had feedback on the following: Can a...

Can you use the local fair market rent amounts to determine a good rental amount to charge?

My local website shows the following

Studio- $651
One BR- $793
Two BR-$1020
Three BR- $1484
Four BR- $1797

A quick look o...

Hi BiggerPockets.com Community,I'm about to start my 3rd SPEC home, so far I have used savings, 401k loan, CC's (BT's), unsecured PLOC and lot loans to finance my own deals. One of my friends is interested on financin...

Hi all,
My significant other recently purchased a 5BR primary residence and is renting out 4 rooms to roommates. We have an LLC, but the home is under her name (we understand you cannot put mortgages under LLCs). Whi...