The program required half of the profits from the sale be paid back into the program. A check was wired to the county at closing by the settlement company. Do I add this payment to the closing costs? The 1099-S I was ...

I have a potential client who owns a home in Boulder that is their primary residence and it worth ~$1.3M and they have >$500K of equity in the property. They're wondering if they sell and put all of the proceeds of...

Hello,The Borough of Bridgeport has said I'm in violation of the 2012 Int'l Property Maintenance code because the tenant has no hot water. In the lease agreement it specifically states that the tenant is responsible f...

Hi guys,Quick question..I have W2 job and last year did around 85K gross from my job..Also in October last year I bought investment/rental property with 30% down..today my tax person told me-I owe the government $ 3,5...

BP Community, I am in the military and am getting deployed soon.  As a result I am moving my family from Tucson back to ABQ, NM and into a property we currently own outright.  We had leased the property for the preced...

Hello,

Does anyone have experience where some transfer funds were missed since it was not captured in the rent roll provided by seller?

The specific situation is that an inherited tenant moved out at the end of thei...

I have two class A single family properties with tenants in place (leases ending in May and October 2019) that I want to offload. The way u see it, I can wait until lease ends and non renewing, or I can offer to the ...

Hello Everyone, I started investing in Non Performing Notes a couple of years ago, so I still consider myself new at it. I was wondering if anyone can help me understand this.I aquired a NP second lien position and wh...

Hey guys,I'm new to  BP and I've been searching everywhere for some specific answers. If you guys could help me that would be extremely appreciated. I'm a Socal realtor and I am venturing into wholesaling. I am drafti...

Hi everyone, I own a rental property and would like to create an LLC. This is my first time doing this and would appreciate your input on two questions I have. My first question, in what state should I create my LLC? ...