A to C transaction. Buyer was fine with zero cc. I negotiated 3% and plan to collect this amount in order to release my Notice of Option. We are planing to close this coming Wednesday. Last Friday I forwarded to the ...

Hello BP!  I'm a new landlord here, and I just had my first tenant move out (it was a VERY short lease).  I've gone through all of the steps for moving out, and now I only have to return the security deposit.  What me...

I am the owner of a single family home in Lake County Ohio. I received a certified letter saying the Fair Housing Center conducted testing of my property. The tester informed me (owner)  that they had a service animal...

Hell fellow investors
I’m in a real dilemma and have been trying to sell my 11 apartments for months. The property consists of an 11 apartment building (1bd studios) and a 2bd fire-damaged house. All for sale for ...

I am selling a house. My realtor, who is also a personal friend, has been approached by a potential buyer that isn't currently represented. If the unrepresented buyer comes in with the best offer my listing agent beco...

Here's an interesting scenario that I would love to get people's opinions/thoughts on. My fiance and I are planning on travel nursing for a year. We know where we want to end up location wise after that year. Here's o...

I'm putting together a simple LLC to bring a partner into two 4 plex's I'm buying. I typically pay a 40% tax rate so I always include the annual depreciation amount x 40% as part of my cash return. If I'm doing an LLC...

Can you deduct operating expenses from acquisition fee received? Let's say you received $30,000 in acquisition fees, the first year operating expenses of the property is $45,000. Can you deduct all of that? Or do you ...

So I was recently on the hunt for a new CPA, one that focused on Real Estate strategies. One interesting strategy he mentioned that really stuck out to me was "forcing depreciation". He didn't elaborate too much on th...

I'm struggling a bit with the type of investing allowed within my solo 401k plan.  My concern is triggering UBTI or having the IRS frown on the nature of my investment.
About a year ago, I purchased an investment sin...