Thomas J.
getting a primary residence, business declared chapter 11
I'd like to talk about getting financing for a primary residence when the borrower has declared chapter 11 bankruptcy on a business.FNMA FNMC guidelines are such that a borrower must wait 2 years from the BK to get an...
John Roust
Declaring residency in a income tax free state
A coworker of mine is allowed to work remotely from home. He has recently purchased a home in Nevada and has declared permanent residency there via his employer and has gotten it approved. In reality, he lives in Sacr...
H Patel
Investment Opportunity Zone Declared... How do I capitalize?
Hi Forum Members,I am a new-ish poster. Been away for a minute. I'm glad to be back. I run a exterior corridor independent lodging property. It is older but solid build ripe for reconversion and or redevelopment. Rece...
SUSAN COOPER
Do I declare income on my guest house
We have a guest house but utilities are connected at the main house and there is not a seperate address for the quest house. Do I have to declare the income if I rent it out since the main house is paying all of the b...
Jeremie Moritz
French Real Estate using SCI in US Tax declaration
Hi All,When you are part of a 'Societe Civile Immobiliere' in France do you know how it should be declared in your US Tax declaration? I am French on a E2 Visa. This is a family partnership where I do get a bit of rev...
Ellie Perlman
How Will the New Eviction Moratorium Impact Multifamily?
Many investors are talking about the new eviction moratorium, and worry about the potential and immediate impact on multifamily. On the surface, it does sound troubling, but I have read the new moratorium and also wit...
Steven Kunkel
Newlyweds and one spouse declared bankruptcy from prior marriage
Hello- I have a couple whose combined income is 6x rent and one spouse recently had to declare bankruptcy from a previous marriage. I don‘t have too many specifics yet, but wondering what the Bigger Pockets Community ...
Rob Bergeron
Older Americans Declaring Bankruptcy At The Highest Rate Ever
https://www.cnbc.com/2018/09/05/more-older-america...First and foremost, this extremely sad to see. The article shows that the share of homeowners with 65+ with mortgage debt has gone up from 22% in 1995 to 41% in 201...
Marina Thai
Has anyone had a tenant declare chapter1 bankruptcy before?
Has anyone had a tenant declare chapter 11 bankruptcy before? Any suggestion what action to take. Thanks
John Chapman
Subject to contracts; declaring interest expense and contacting lender
I have never done a ‘subject to’ mortgage but am considering doing one for the first time. I have a couple of questions:1) Is it wise for the borrower to contact the lending institution and change the address and addr...