Deldric A.
Buying property with tax delinquency
If I am to purchase a property as the wholesaler of a transaction where the seller has unpaid taxes, who is held liable for the payment of the delinquency. A few things, should I (A.) make a deposit in an escrow stati...
John Bergstrom
Shift Deductions to Schedule E due to the TCJA?
As a small time RE investor (two properties), I'm thinking it just makes the most sense to 'shift' some of the deductions I used to enter on a Sched A over to the Sched E because of the new rules/deductions with the T...
Lukas Loveland
Partial Seller Finance Tax Implications
I've got a seller that is willing to finance about half of the down payment for a property that i'd like to purchase by holding some of the equity back in the sale of the property. I wasn't certain on the tax implica...
Byron W.
What are your credit & income requirements for section 8 tenants?
For those of you who rent out to section 8 tenants, what requirements do you have?
Matt Casey
First rental property
This would be my first rental property it is a dual income property I know the sellers very well and they said they are open to carrying the note for me however they want me to drawl up something stating what my down ...
Kris Haskins
ideas on taking rents in my self directed roth ira
Hey bp, so I hv properties that I have partnered with my sdira to purchase. I own a % undivided interest and my ira owns a % in the ownership of the house. So when my tenants pay rent
a portion of the...
N/A N/A
Protect Yourself from Contractor Scams
* A person soliciting door to door for repair work. Though they may seem quite knowledgeable and appear friendly, this is not a common tactic of a professional contractor. Door to door soliciting leaves very little ev...
Dustin Montaie
Homstead Multiplex Property in Georgai
Hi BP Community,I am newer member to the BP Forums, I have a general tax question. I am considering house hacking a multifamily property, triplex or quadplex in the state of Georgia.Since I will be an owner occupant ...
Niyi Adewole
Estoppel Agreement with Section 8
Good Morning BP Family, I am about 10 days away from taking over a 12 unit property that is currently housing section 8 tenants. I just received the leases and they are not the most detailed or complete. I have heard ...
Peter Doran
Airbnb rental interest and tax deduction
Hi, got an extension of filing since getting bogged down with details. I have two residences I airbnb out (whole house) when not there. My expenses far exceed my income and so I'm getting limited on many expenses. Can...