Donnie M.
Alabama Tax Deed Purchase Help
I am in negotiation with someone who is selling a Tax Deed from 2010. They will be selling with a quit claim deed.The property is vacant and has been so for a couple of years according to neighbors and condition of p...
Jonathan St.Leger
Bonus Depreciation Question HELP NEEDED PLEASE From You Amazing Tax Pros!!!!
Hello BP Nation, I sure could use some help with a problem that I'm currently facing. So....... with my previous CPA (who has since unexpectedly retired) we did a cost segregation study on an asset that was placed int...
DG A.
How to Give Notice & Move into Tenant Occupied Property - Oakland
Hi Everybody!I just closed on my first property today! I'm super excited! Anyway... It's a tenant occupied duplex in Oakland CA. Both units are occupied. Anyone with experience doing this in oakland CA, my question is...
Daniel Silvernail
Advice on creating a quality buyers list
I have been networking on linked in and Facebook, but so far all I get are fake accounts or people messaging me advertising their own “I can find you buyers if you pay me X amount of money!” People.I do have propstrea...
N/A N/A
All Cash Purchase Requires 10% Earnest Money Deposit?
Hello everyone,
I've got a great opportunity to purchase a rehab house at 50% ARV, and have already been preapproved by a great hard money lender that'll front money for purchase and rehab up to 75% LTV. Everything s...
James Palin
demolishing a house and keeping the land
Yesterday after a day of showings, I stopped in at Cinco day Mayo gathering. One of my friends whom I haven't seen awhile talked to me about an interesting scenario.He wanted to know how much it cost to completely de...
Kim Hopkins
How To Write LOI that Holds Seller to Cap Rate
Hello! We have a great prospective property we're looking at. The broker OM says they're selling it at a 7.5% cap rate and $5.7m purchase price. Based on our experience, We are pretty sure their expenses are understat...
Chris Connery
Splitting taxes/income between LLC members
Hi all,IS it legal for one member of a dual member LLC to claim all of the income/pay all of the taxes on their tax returns. Leaving the other partner not claiming the income/ not paying the taxes. This of course has ...
Siobhan Loftus
Just Cause Eviction but did not state reason in notice
I am a landlord in California. I recently had a new tenant that stated that a person was going to stay with them for a couple of weeks to help them move in. However when that time past, and I asked when the guest was...
Dylan Tanner
Ground Lease - what if Landlord and Tenant doesn't agree on a price?
Hey all,
I'm looking at a 10 year NNN ground lease deal for a buyer. What happens if at the end of the 10 year term, the LL and Tenant can't come to agreement with terms? Is the LL forced to come to terms? Wha...