Lori Sullivan
IRS deduction rules around STR purchase to listing
I am having a hard time finding if IRS has rules if there is a time limit (purchase to in service date) on what can be deducted.
Scenario - STR home purchased in August 2023. working on home to set up for STR Augu...
John Smithy
Mortgage interest tax
Hello, We live in silicon valley where home prices have soared like crazy !!We recently closed our new home with an outstanding loan amount of $1.4MOur current home has an outstanding loan of $450K. We plan to rent it...
Kenneth Garrett
Fee/penalty for terminating a lease
Hi BP Community.I want to add a clause in my lease for allowing an early termination of the lease. I just acquired a property and one of the tenants moved out early. Should have been disclosed to us but that is a d...
Vashist D.
Are high school gfs worth it?
This may seem corny and irrational but are the ROI for relationships in high-school and post graduation worth it? The time, effort, money, and drama involved in a relationship worth the experiences and pleasure? I’m a...
Sean M.
Statutes of Limitation for Notes - Listed By State
Hey, Came across this in my reading - can't verify that all of the numbers are correct, but it seems like a good place to start for a list of limitations by state: http://www.walkawayfromdebt.com/worksheets&charts...
Daniel Smith
Cleveland Wholesaling: Advice and Law
Hello everyone, I'm a new investor getting started in wholesaling in Cleveland. I've been listening and reading everything I can get my hands on and was looking for some clarification on the Cleveland market specifica...
Account Closed
I need help to fill out this contract
It says this:THIS RESIDENTIAL LEASE AND OPTION TO PURCHASE AGREEMENT (hereinafter the "Lease option") made and entered into on ______by and between________(hereinafter referred to as "buyer"), and__________and/or his ...
Mary Jay
Tenant wants to mail check for rent
Hi guys,Can you please help me out?The tenant wants to mail checks for the rent. (Used to pay with Zelle, but apparently she has some limitations through Zelle and can't pay to me that way)I don't trust the mail. Plu...
Juan Abreu
Adverse Possession Affidavit?
Hi everyone!I'm trying to bid on this foreclosed house on Xome.com but they have a clause that says "Buyer will need to agree to signing a Hold Harmless. Buyer agreeing to leaving as an exception on title. Adverse Pos...
Zima Ba
Getting deposit back from small claims court myself
I sold my house unconditionally for over 1 million dollars in Mississauga but the buyer did not close or show any intention to close until the closing date. The deposit is $30,000. 4 weeks after the closing date, the ...