Justin Polston
Local bar owner looking to sell, tax implications/capital gains amounts if owner lives in property (and has for 40 years)?
Hi all, I listed a local bar/tavern recently and the owner lives in the upstairs and has for quite some town. When the property sells, what are the tax implications for the seller? There are no liens, mortgages, or...
Jeff S.
Food Carts
In my area food carts have become a big deal. People are enjoying great food at a very resonable price and these little businesses are sprouting up all over.
Just for fun we started talking with the owner of one and ...
Joe Rinderknecht
Cash-Out Refinance or HELOC
Good afternoon BP, My question today is on whether or not I should do a cash-out refinance or do a home equity line of credit on my duplex?Here are the details on my house.- Bought with an FHA loan in July of '1...
Timothy W.
Now John Holdren supports my theory on Liberalism and Eugenics
Good grief, I'm getting freaky good at this for an "average" guy.
You know my theory - that modern liberalism has heavy roots to the eug...
Yi O.
Regard to rent to smokers
I have been a landlord for past 4 years. One of my rental became aviable this April. I met this mid age woman at the property and she seems nice at that time. Dressed appropriate for the showing, saying it would be h...
Jordan Sunshine
My Hawaii House Hack
Just got an offer accepted on a property in Hawaii yesterday, just making this as a record / log for myself as well as others to follow along and give suggestions or recommendations as the process unfolds. Wont be giv...
Karin Crompton
Open House - yes or no?
We just put our latest rehab on the market a couple of days ago (and it's a beauty, I must say!). I've had a few people ask whether we are having an open house, w/the implied assumption being that you always host a...
Logan J.
Buying an living in a house where tenants pay morgage
Afternoon everyone, This is my first post in the community! I wanted to know if my plan was feasible. A little about me: I am an nontraditional undergrad student at the state school here about to finish my degree. I w...
Tony Hernandez
Seller says "I don't want people going through there or I would have listed it."
With all the recent posts about wholesalers, I thought I might ask what I should do on this one.My seller inherited a house that is currently occupied by a family member. He wants to sell to me but is OK if I assign i...
Kyle Pelech
New Jersey Questions
I have introduced myself on here a few times before quickly. My name is Kyle, I am from Monmouth County New Jersey. I am 20 years old and have been interested in Real estate since I was 14 or 15 years old. At that age...