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Results (6648)
Petur Karlsson Real Estate Professional Tax Status - Help!
8 January 2022 | 20 replies

Hello everyone!I'm knee deep in an lengthy rehab on my first BRRRR deal ever, in Sellersville, Bucks County PA.The project started in late February, DAYS before the pandemic came around. Talk about good timing... Anyw...

Ben Naught Do I need a mortgage loan originator?
6 May 2019 | 14 replies

Hello BP, I've got questions about the proper way to sell my mobiles that I fix up.

What I do is purchase a mobile home. Have it transported to a parks empty pad and set up.

After the home is renovated and certifie...

Daniel Murphy NC tax laws on deducting mortgage interest
20 September 2016 | 3 replies

Hi all, this is my first real question here... a CPA recommended that for a residential rental business in NC I should start an LLC but buy the homes in my own name because a business cannot deduct the mortgage intere...

DJ Cummins if i 1031, can i use part of the funds for escrow?
26 July 2018 | 3 replies

Hey Everyone,I am not finding a definitive answer on this.  Lets say that I am looking into possibly selling a property and should have a profit of around $50,000.00(that's pretty exciting!).  I have the chance to pur...

Don Roberts Benefits to Seller of a Short Sale
3 September 2008 | 4 replies

Seems like alot of people here are extensive experience in Short Sales. While I have done a couple with Sellers I have only one reason I can think of a Seller would want to do one.

Well maybe two:

*Possibly not rec...

Michael Crouse FHA 4-unit multi-family to 5-unit?
17 August 2015 | 2 replies

I'm currently looking at a 4-unit multi-family for my first home purchase. The property is currently fully rented with good tenants, however it has a very open and empty basement with the back exposed. I'm considering...

John Hugh 1031 exchange with different LLC but same shareholder
23 November 2021 | 3 replies

I have 2 rental properties. One is under A LLC and the other is under B LLC. Both LLCs have the same shareholders. My questions are:
1. When we sell both properties, can we do 1031 to buy one property under B LLC onl...

Korey Enstad 2 Story Single Family Rental- Fire Exits
5 May 2020 | 4 replies

Looking to buy a 2 story single family home. I'm wondering if you have to have 2 means of exits will on the 2nd story. There are two bedrooms on the second story and just one staircase going up. 
Located in Wisconsin...

Phillip Portugal My question
30 June 2015 | 7 replies

My mother in law wants to sell me the house I used to live in with her daughter, my deceased wife. Market value is around 170K loan payoff is 110K. My problem is I recently took on a large mortgage and do not qualify ...

Eili Ghanem Rezoning a 2 unit into a 4 unit.
19 May 2019 | 2 replies

I am in California and i would like to rezone a 2 unit apt into a 4 units. what are the steps and how much is the cost.... well beside the constructions cost.