I called to do an informal appeal of my property tax (SFH with an ADU) and was told I would need to also submit my rent rolls to be used in their reassessment. Has anyone heard of this, or granted this request and had...
if I pay my brother or young cousins $10/hr for demo or cleaning work, can I write that off the same way I would for any other contractor?
How about if I were to replace a range hood or other appliance with o...
Hello CTC,
I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...
Spring has truly sprung, and also did you know that we’re two weeks away from the tax deadline?
So yes — we’re focused. Which is why we’ll be talking about extensions today.
Passing the national deadline day (which,...
There's an old saying in the writing business: "The only people making money in the writing business are those who are teaching people how to make money in the writing business."
As I look around the current REI land...
Hey BP! I work for my brother who owns a rental company for heavy equipment in Sacramento. We are getting killed with taxes and fees for the equipment we own. Is there a way to use real estate for some tax relief? If ...
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
Can I use my HELOC for private lending to another investor? I've used it to build my rental portfolio and now I'm done with that. Now I'd like to use the HELOC to private lend to a local friend builder for spec hous...
I'm familiar with the concept of exchanging a property for one of greater value to delay taxes. But, how exactly does the process work? And who is involved in the exchange?
Hi,
I am a physician employed at a university hospital with W2 income. I have 403 and 457 retirement accounts through my employer.
I plan to get my real estate broker license this year and I wonder if I am eligible ...