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Hello! Thanks for taking the time to read this. Here it goes.About 3 years ago, my husband and I (along with our kids and dog) moved into my parents home. My parents rent and the landlord was well aware that my family...
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Hi BP community. I searched in the Tax and Legal forum, but didn't see this question answered specifically. I am trying to determine how lease option up-front option fees are taxed. My understanding is that they are r...
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Hello! I have a property under contract. Property and all parties are in Missouri. Only the wife's name is on the title and the purchase contract is only between me and the wife. I understand that Missouri is a marita...
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Hey BP forums!I am under contract on my first home. Super pumped about this deal!!! It is a fully occupied duplex in Puyallup WA. Both units are in great shape and severely under market rents. I need to owner occupy, ...
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This is a hypothetical question right now, but if I were to set up a SDIRA could I make the SDIRA trust a partner in any personal real estate deals I pursue without running afoul of IRS rules regarding personal benefi...
Let me clarify...I'm not talking about age, race, religion, sex, national origin, handicap, or marital status. I work at a tourist attraction and environmental organization in FL which happens to be located right smac...
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I came across someone that raises money for a deal, offering 50% of the profits to the cash investor. However, if there is a loss, it is the cash investor that absorbs the loss.
Frankly, I think that's a har...
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I have a friend who mailed a certified letter of intent to move. Letter to be recieved before January 1st. Landlord didn't acknowledge the letter until the tenant wrote another letter in late January asking to use hi...
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Hi,I've been figuring out what marketing method I want to focus on. I've been told several times that one should focus on one main method and really learn it until it's working right. Kind of a proven fact in market...
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To Whom This May Concern:
In entering into a deal with a real estate syndicator operating in Pittsburgh, PA, as a lender, I want to ensure that the terms of our contract are fair and are protective of my interests. B...