![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1045043/small_1621508015-avatar-vernont5.jpg?twic=v1/output=image&v=2)
When obtaining an interest only commercial real estate loan, why are there penalties associated with paying the debt off early? What are the pros and cons of both sides and why would anyone do it ? Or not do it for th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1857693/small_1695304186-avatar-dannyd74.jpg?twic=v1/output=image&v=2)
I'm am looking to purchase an STR with a partner and we intend to finance it with a vacation/second home loan as opposed to an investment home loan. We were intending to form an LLC as not only an operating agreement ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1307401/small_1621511188-avatar-evanl50.jpg?twic=v1/output=image&v=2)
So I have a tax situation that is unfortunately going to require me to have to terminate the services of a CPA and start over for tax year 2020. I am a MI resident, currently work overseas in Bahrain and take full adv...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1191149/small_1696489453-avatar-hjlee.jpg?twic=v1/output=image&v=2)
Piggybacking this great post:https://www.biggerpockets.com/blogs/5070/37244-103...Question #2: Can my spouse and I sell a property that we own personally and buy a replacement property in a LLC that is owned by both o...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/87709/small_1664570764-avatar-andrew_r_fidler.jpg?twic=v1/output=image&v=2)
Good morning BP, I wanted to get a quick heads up posted regarding the CARES Act and restarting courts for evictions proceedings. Toledo, OH (Lucas County) is on day TWO of evictions. Not only was I in the room to und...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2386375/small_1736471889-avatar-cliffordp10.jpg?twic=v1/output=image&v=2)
Hi, my wife and I started an Airbnb in Sacramento, CA, this year and are new to real estate investing. According to our understanding:1) California does not recognize REP status, but we could claim it on our federal t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/752858/small_1621496684-avatar-ritam5.jpg?twic=v1/output=image&v=2)
Women investors please join us February 27th, Panera Bread 630-830 pm 5975 n. Federal Hwy ft Lauderdale, 1 mile north of Commercial Blvd, $5.00. New & experienced welcome
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/724024/small_1621496135-avatar-joelb46.jpg?twic=v1/output=image&v=2)
I’m sure everyone is excited about Rep Omar’s bill to require forgiveness of rent for up to a year. Of course your primary mortgage would be forgiven ( if you owe money) and you might get partial relief from your rent...
Just left the Sheriff's Auction here in Omaha this morning. One of the properties I was going to bid on has a $17,000.00 federal tax lien on it, $63,000 mortgage which is in default, $6,000 in back taxes. This auction...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1848141/small_1694715785-avatar-benm356.jpg?twic=v1/output=image&v=2)
I have built significant equity in both of my single family investment properties and would like to tap the equity from both to put a down payment on a multifamily. I was planning to take advantage of the low rates an...