Amber Barrett
Security Deposit Max on Commercial Real Estate
My business partner and I are looking to move our office into a new space in New Hampshire. The monthly rent is $1,200. The landlord is asking for $2,800 as a security deposit. I own residential property in NH and th...
Tyler Jordison
"First-Time Homebuyer Savings Accounts" Tax Deduction Question
Hey All, I just learned about something called a "First-Time Homebuyer Savings Accounts" that Iowa offers. This is essentially a tool to get the younger generation to move from renting to buying by offering a tax dedu...
Josselyn Jorge
Rental Property in Brandon. To sell or not sell…
I’ll be closing on my new primary April. I have an investment condo in Brandon that I owe $102,000. I have an offer that would leave me with a profit of essentially $50,000. Would it be wise to sell this rental proper...
Lance Turner
Strategy for Seller Financing
I'm working on purchasing a unique property that includes a small home on 20+ acres. The seller owns an arborist business, has been in the home since the late 90s, and owns the house outright. He wants to move furth...
Scott Trench
REPS And Active Losses and Gains
Hi tax pros - I have a question about REPS status.First, selfishly, do you believe that my job as CEO of BiggerPockets, which I spend obviously spend essentially all working hours on, and dwarfs activities involving m...
Justin Thorpe
Defeated in round 1 of Covid-19
June is over and it seems to me that in the battle royals between the United States and Covid-19, the latter has prevailed in this first round. To me this phase and especially the last 3 weeks were critical. Coming o...
Ryan Lupo
Need Advice on Property Dispute Between Uncle and Nephew
Hey BiggerPockets community,
I hope you're all doing well. I'm here seeking some advice for my uncle who's currently in a tricky situation regarding a property. Here's the backstory:
About five years ago, my cousin ...
Zachary Kersh
Seeking Advice for First Investment
I'm currently at the halfway point of my 3rd year in college. I'd love to form a rough plan to invest in a rental property as soon as possible after I graduate in 1.5 years. I'm exploring financing options such as FHA...
Pope Lake
Adding Solar Panels on a House
Is there anyone in the BP universe that has added solar panels to a house to decrease utility costs? I assume there would be potentially significant upfront costs, but that the panels would pay for themselves and more...
Andrea Ramirez
Help Explain Owner Carry
Could someone please explain how an owner carry works when it comes to wholesaling. How do all parties benefit from this strategy, and when should it be used? My Mentor tried explaining this strategy to me, but I am s...