![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/152940/small_1621419769-avatar-bengrise.jpg?twic=v1/output=image&v=2)
I have an investor who has offered to give me 15% of net profit after a deal closes if I fund the purchase.What would my tax implications be if say I funded a $20,000 purchase and the sell ended up netting him $10,000...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2670049/small_1676077451-avatar-wyatts53.jpg?twic=v1/output=image&v=2)
Naturally, real estate is a risk when it comes to flipping, renting, STR's, whatever. Minor risk, but investing is a risk. That being said, there are a lot of drawbacks when people are looking to get started. Me perso...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/444787/small_1621476952-avatar-sharynua.jpg?twic=v1/output=image&v=2)
I have a SFH rental property. In January, we informed the tenant (a "friend" of ours) that we were going to sell the house. I then sent someone out to appraise it, who said the house was "appalling." Since then, our t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2365545/small_1695085650-avatar-ralphb60.jpg?twic=v1/output=image&v=2)
Hello!I have a multifamily property and would like to know if agreeing to a request from a prospective tenant to reduce the rent after showing the property would expose us to any liabilities? For example, if we advert...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/438016/small_1682373067-avatar-artm5.jpg?twic=v1/output=image&v=2)
I’m looking for a multi-unit to house hack in Chicago. I work at a real estate company that does broker referrals and I get $3K closing cost credit if I use one of their brokers, so I’ve been working with a B&W br...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1428049/small_1621512205-avatar-waleeda9.jpg?twic=v1/output=image&v=2)
So I was sent a letter from a collection agency with an old Comcast account. They gave me an “Offered amount” to settle the debt and close it out. I asked nicely for a letter in writing that they will not report the d...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/269254/small_1621437872-avatar-christophern.jpg?twic=v1/output=image&v=2)
Hi everyone, hope this is the right place to post this question. Basically I'm looking to see what options my mother has on a property that is owned between herself, my aunt , and my uncle. Here's the quick backstory ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1389358/small_1695052779-avatar-joseo56.jpg?twic=v1/output=image&v=2)
I bought a duplex and the seller had a signed agreement from the tenant that he was going to move out a few days after the sale, Do I still need to Evict Thur court? Or can I just go kick him out because he agreed to ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/462800/small_1621477755-avatar-tro.jpg?twic=v1/output=image&v=2)
With over 20 years of experience in the Florida real estate market, I have experienced all cycles and understand the evolving changes that occur throughout all parts of the state. I currently reside in Jacksonville(t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/434969/small_1621476496-avatar-chadr18.jpg?twic=v1/output=image&v=2)
hello,Does any long beach CA or Los Angeles CA landlords have experience with a tenant falling behind on rent, filing an eviction and then agreeing to a repayment plan for the back due rent? My tenant and I have work...