In Feb 2015 I purchased a single family residence where I reside and rent out a room.In a couple years, once I have saved up enough money for a down payment I want to purchase another single family residence. I will ...
Hi BP community,
I have been toying with how I want to structure a family purchase. I have convinced my siblings that we should buy a property (4bd, 4bth) instead of renting and throwing away their ~$2.2K/month.
T...
I have been searching the HEROES act trying to find if I can evict a tenant for violations other than non-payment of rent? Such as I have a tenant that is violating the lease in many ways I.E. unauthorized guests liv...
I fix & flip homes. In 2019 that business will profit about $250K. I have an LLC for buying properties and another LLC that holds a contractor's license. (Company A buys the property and Company B renovates it....
Josh is probably scared to death to see this opening line!!. Not to worry. Let me say it first. This is a great site. I don't always understand or know all the rules, but I play by them. When I have something pointed ...
The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...
I sold my home in 2019 and have rented since. Currently in the Tampa, FL area. I’m looking for ideas as to whether it makes sense, in our current market, to invest in a home for my family of 4 or look for an investmen...
Hi BP Family,I am a newbie looking to invest is real estate in the Pittsburgh, Pa market. My first project that I want to buy is a home from my grandfather who is 90 years old that I will turn into a rental. He no lon...
Hello BP Community! I found the BP podcast a few weeks ago and am thrilled to find such a wonderful place to listen, learn, and participate with fellow investors! I am a real estate investor in New Hampshire. I self ...
Hi, I'm new to this forum. I have been studying tax liens and deeds for quite a while and am looking to see whether or not it's a good idea. I did take a class on it, but they seemed put off by the more difficult qu...