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I just bought a new home as a primary residence. I use 2/3 of the home for short term rental on Airbnb. Am I allowed to make tax deductions on both - 1) Mortgage Interest, and 2) Offset my passive income with STR (onl...
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My tenants just moved out. I conducted an inspection of the property and found multiple big colorful stains on the carpet. It appears they tried to remove the stains, but they are still visible. I contacted a professi...
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Hello Everyone,My name is Evan. I'm a 33 year old real estate investor located in Baltimore, Maryland. Over the last few years I finally got over my fear of investing in real estate. I currently have 8 residential pr...
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Hello, I sold a property on Land Contract about a year ago. We fully amortized the purchase price over 5 years with interest. We also added a separate escrow amount for property taxes. Buyer has been making very i...
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Hey BP, when applying for cash out refinancing at several banks, is there anyway around not having to have each bank run your credit? Will this hurt my score if shopping around several banks and every bank does a hard...
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I am getting ready to apply for my deed on a property with an IRS lien associated with it. The "former" owner has debt of other sort as well as the IRS and we are getting a title binder to sort all that out as to the ...
Hello all, Brent here, 27 year old fellow from the caribbean island of Trinidad and Tobago who always was intrigued on making multiple streams of income and I have been told that real estate is a very good venture....
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Hey BP!I was recently told my credit file is "too thin". Ive paid off all of my student loans, car loans, and credit card balances so im sitting at a zero balance. My current credit card only has a $500 limit on it an...
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Being new to real estate I want to own rental property, but don't know the difference between apartments, condos and town homes. Couldn't find a forum for this question. Can some one please explain the differences, so...
I have two duplex, that’s are paid cash using my equity loan on my primary home. I am in the middle of refinancing both of them with the same lender. Should I treat each property individually or combined them and obta...