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Im looking into purchasing properties in Indiana (East Chicago, Hammond), Vegas, and or New Orleans. Are either of these considered landlord UNFRIENDLY locations like it is here in Chicago, Illinois?
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I found an abandoned land lot several years ago and claimed it under the Adverse Possession law. I filed a notice of adverse possession. I also paid 7 years of the unpaid property taxes so the parcel is now up to dat...
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Does anyone know whether IRS liens can be wiped when foreclosing on a Residential Note?
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My business partner and I bought a foreclosed property on Monday and settled the next day with the trustee of the sale. The deed was then mailed to our home and we will file it this week. It seemed like a cut and do...
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I am trying to get my barrings straight on taxes, fees, etc. associated with short-term rentals. In my state short-term is considered less than 30 days. According to my reading once classified as a short-term stay I...
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Hi everyone!New investor here, trying to learn as much as I can from all of you veterans out there. Thank you in advance for your advice and help!In general, does having a good umbrella policy offer adequate protectio...
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A friend has a rental property in Marysville, Ohio. Three months remaining on the 12 month contract. She texts the landlord and says " I am no longer able to care for you home and have moved out of the property." She ...
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Hello BPers,
this property is in TX. Tenants moved out on Nov 30th, and sent an email to PM saying they moved out after purchasing a house. Their lease doesn't end till the end of April 2022, so they lived there 7 o...
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[b]Is the Warranty Deed to Trustee & Land Trust Deed the same in one? If not what is the difference?
Thanks
Curt[/b]
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I am a newbie in BP and would like to get advice from the group. Situation: I live in California and I currently own a rental property in Indianapolis and preparing to get my second rental property. I talked to my CPA...