Hypothetical: Out-of-town owner has a 3-apartment rental house. Owner's in-town elderly parent requires care so owner moves into 1 of the units to care for the parent. Does this trigger a taxable event by violating th...
I find it very limiting that I can't reply to a particular post that someone did in a thread that somebody started. I can quote them and tag them, but then it's extremely disconnected, and could be two or three pages ...
Hi,I've been having a difficult time finding a bank that will open up a checking account under my plan name and EIN number associated with my Solo 401k plan. Most banks either want me to open up a brokerage account or...
Hello all,Glad this new sub-forum thing is here. I'm a new investor in the Brooksville area and looking to connect with local investors (hoping there are some on BP here). Looking primarily for distressed properties, ...
I have a story of failure and don't know where else to share it. Sellers had two homes that were occupied by severe hoarder parents. They cleaned up the large one and asked me to look at it for a potential sale. They ...
I have been using cozy for many years with great success. After their merger with apartments.com they no longer support commercial properties and I need to move to another platform. Based on my research so far I would...
Ok so I have a house that I just finished. I bought it for 49, spent about 65-70k on it. I listed it for 180k. I did a FSBO on Zillow. 3 days later I get a full price offer on it. I negotiated to pay just at 3% commis...
I had a call today from someone who filed bankruptcy and is making payments on it. It won't be discharged until later this year. Based on our phone conversation, they had a bunch of past financial problems and their c...
I am very new to real estate investing. I am actually looking to purchase my first home, which is an REO property. I would say the property's After Repair Value is $95K. It needs about $20k of repairs. It has been...
the property is located in Indiana. I may be considering doing a "lease option" but I am concerned about the renter defaulting.Other than stating penalties for late payments what can I expect should I need to evict them?