James David Powell
HELP!!! Land Contract Gone Wrong?!!
My hope is that the title rings the ears of one credible person, or maybe two—the more the merrier!Without further ado . . . .I essentially acquired a $150,000.00 residential home in the market for $25,000.00. I waite...
Margaret Feit
Reporting Personal-Title Properties on a Partnership Tax Return
My husband and I are members in an LLC partnership that owns several rental properties. We also have a handful of properties that are titled in our personal names because we have mortgages on them that had to be in ou...
Chris H.
Rent-to-own: Any reason I shouldn't? And, landlord responsibilities?
I have a home I have put on the market to rent, using a property management company. Is there any reason I shouldn't offer rent-to-own financing? I got the house at sufficient price that it would make sense as both ...
Ann Wu
Tenant is threatening about sign of poison
My tenant texted me that he is showing sysdams of asbestos poison. He will be live there a full year at the end of March. My property is built in 70's and I didn't know anything of the asbestos. The property is a town...
Dominic Scatto
Training Tenant/Constant Late Rent Payments
Hello Fellow BP'ers!So, I've been renting to the same tenants going on 3 years! Exciting, yes. Everything has been fairly uneventful with them - except for having to replace the whole HVAC system the first summer they...
Bobby Larsen
What has caused 10-20% rent growth and will it last?
I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...
Dale Osborn
MLS Access
@J Scott had some questions concerning this on another thread. Did a search on the internet and found a memo from NAR concerning this issue. Seems like there were court decisions in numerous states. I was a licensed a...
Jaime Mack
So... it is going to be over? Will 1031 drop to $500k max? Yuk!
What is the general consensus here? Will we lose 1031 at the higher level? (over $500k)...https://therealdeal.com/2021/0...Realtors, etc. have some pretty fancy lobbyists... but I just don't know. The power of the t...
David V.
For QBI - are 4 rental properties part of a combined business
When entering information on my Turbo Tax Premiere software I see a screen that asks the following: If this business shares common ownership and operates co-operatively with another business, you may want to report t...
Ed L.
Tenant Improvements????
How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...