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Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...
First time home buyer here, I was planning to buy a house with 3bd 2ba and a finished basement, with the additional bath located in basement. I completed the inspection and appraisal and about a week from closing.
I ...
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In 2008 I purchased my first home and qualified for the $7500 tax credit loan that requires a repayment over the next 15 years. I made the $500 payment in 2010 and 2011 but in 2012 I converted my home to a rental pro...
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Hey all!First post here but have been lurking for a while. I purchased a fully renovated, turnkey triplex at the beginning of June and it's my first and only property so far. I inherited a 1 BR with a great tenant who...
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So I set up my LLC through LegalZoom and got a "free" 1 on 1 call with a rep from 1.800.ACCOUNTANT as part of setting up through them.I just got off the phone with the rep, and now I ask you: Has anyone here used 1.80...
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First, this is a test of BP's new File Vault feature...
Secondly, after writing a blog post a couple weeks ago about analyzing rehab/flip deals, I wanted to provide a spreadsheet that summarizes everything I wrote to...
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Hey everyone! Hope you all are doing well. My wife and I just moved out of our primary residence (held in our individual names). We are now going to rent the property at out as a traditional rental. I know an LLC is i...
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Hello! I need an advice from an investors community. We had a really cold winter. One day the maintainance guy came at the property and discovered standing water in the basement. Then he discovered lots of bursted pip...
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I'm hoping to find more information about a seller receiving a 1099 and being responsible for income taxes for the difference between the sale price and the outstanding mortgage during a short sale. Does this always t...
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Hello bigger pockets!!! This is my first post here in the forum and just wanted to say hello! At this time I only have one rental property and my house that I live in. Eventually I am looking to acquire more propertie...