In 2008 I purchased my first home and qualified for the $7500 tax credit loan that requires a repayment over the next 15 years. I made the $500 payment in 2010 and 2011 but in 2012 I converted my home to a rental pro...

For the past 9 months I have been listening to and reading BiggerPockets material to learn how to generate wealth using real estate. Based off of what I have learned I think the following course of action is the best ...

Hi guys, just wanted to ask a quick question. I had an issue with an ex tenant who trashed one of my properties around 10 months ago and I knew this property management (PM) company was not looking after my tenants so...

I've done one 1031 exchange about 20 years ago and used an intermediary. The whole process was completed within about 40 days including identification and closing.  That's the very limited extent of my knowledge.What ...

Let's say someone takes money out of a HELOC at 8% and lends it out as a hard money loan at 12%. After the loan is paid off, a 1099 is sent to the hard money borrower and the IRS showing the interest received. How can...

Earnings too high to claim passive losses?
so what happens if you have lots of passive losses on real estate - but your active income is over 150k? is there a way to still claim those loses if you are a full time emp...

I am in a situation with a co-owner of a residential property just outside of Houston whereby my co-owner has decided she wants out of the arrangement.  We purchased the home over 3 years ago with the intention of sta...

Me, my dad, and brother formed an LLC earlier this year specifically for real estate investing. We are closing on a home EOY and need insurance. I'm running into the issue that insurance companies don't like to quote ...

Hello, we had a tenant move out that we inherited with the building. We are owed approximately $2,300.00 in back rent and heating oil bills. We gave a demand for rent & eviction notice about 15 days ago, but they’...

We are supposed to closing in 8 days on a duplex in South Carolina and I just found out that the previous (deceased) owner had joint ownership on title of property at some point.    Then changed title to himself using...