Daniel Barnes
Problems with partial payments.
Here's the problem I'm having with a lot of my tenants. Many of them come rent due date like to pay $300 here and then $100 there maybe a week later and then when I really get on them $50 more later. The way they pay...
Luke Stone
Estate Title Transfer Valid? Please Help Texas Title Professional
I hope this is the right forum to post this in... but I'm hoping to get some advice from some people who really know their Texas title issues.My father recently past away and had setup a family trust to avoid probate ...
Traci Lovelace
Advice please - title issues and heirs wanting money
I apologize for the length, I'm trying to cover it all.We purchased a HUD home and learned right after closing that part of the property was a separate parcel that did not convey. There was no survey - lesson learned...
Aaron Moayed
NIIT - Do We Pay These?
Do we pay NIIT taxes at the time of sale if we're an investor who used a property management company (or didn't use one)? Anyone know the tax code for this?
Michelle Manning
1031 to build on land I already own
I am looking to sell 2 duplexes that are not cash flowing well. I own some land and already have plans to put a quad plex on it. Can I use my 1031 exchange to build the quad? Or split it and use some to build on anoth...
David A Muise
Asking tenants “at will” to leave right now?
So My wife and I live in NH and just closed on our first multi family. One of our tenants is for lack of better words, a hoarder and the unit is not clean at all and filled with stuff. Not to mention they have been sm...
Account Closed
Vacant property - Uncertainty about the owner
I have been following a vacant house since 2010 mostly due to having relatives on the same street. The house is located in a Pittsburgh neighborhood that has been hot for the last few years. Long before finding BP, ...
Joseph Barbaretta
Early tax question -- Do I deduct my expenses if...
So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
Jason Eiceman
Repairs paid by tenant and reimbursed?
I had a sewer related repair that the tenant took it upon themselves to get repaired after hours. Tenant paid for the service/parts already and offered to pay half due to it being after hours (me reimbursing the tenan...
Dan R.
Health Insurance on Schedule E
My accountant has taken the position that health insurance premiums for full-time, self-employed real estate investors are not deductible on Schedule E since real estate is not technically considered a business ...