I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...

I have a great tenant who wanted her brother to move in with her.  He just graduated from high school.  So, I googled him and found his twitter account.  He talked about being drunk and high and used really vulgar and...

As the Lucas County Health Department (LCHD) has added a new time ticker countdown to the deadline of the Toledo Lead Paint Ordinance compliance date, there are 4 vital reasons why landlords need to get their rentals ...

Hello Bigger pockets! I have a single family home that is being rented by four tenants (roommates). A month ago I received a notice indicating that one of my tenants have found a replacement to take over their lease (...

Hopefully a new(ish) topic. My partner and I have been together ten years. We’ve been living together for 6 or so, financed a car together, and have intertwined finances. We want to buy our first rental property, but ...

We are selling a Virginia property which we bought as our primary, but switched it to an STR. We held as primary for a year and STR for 2 years filing the appropriate tax declarations/forms etc. during each stage. The...

Contacted owner in December 2016. Wanted to sell home and having problems with tenant. The tenant would not pay rent. The tenant finally got evicted and now is able to sell her home. She had an offer of $375,000 from ...

I own my home outright. It was gifted to me over a year ago. I am planning on selling it within the next few months . I plan on using some the money from the sale as a down payment on a multi family that I will live i...

Greetings everyone! We are new to BP oh how I wish I knew then what I am learning now!!! (isn't that always the case?) We have owned several properties over the years. First purchase was a singlewide trailer nightmare...

I currently have one rental property so obviously it's been easy to manage the financials. I only have one account. However I came across some money and I'm about to really grow my portfolio. My lender doesn't escrow ...