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Results (10000)
Travelle Mason How useful/necessary is hiring a consulting firm on your team?
14 January 2018 | 2 replies

I am considering enrolling the help of a consulting firm that provides quite a few services that appear to be beneficial for first timers. My questions; How necessary is this? Would it help mitigate some risks?  Has a...

Marie Jeanty Second home purchase for business
15 February 2022 | 3 replies

Hello my name is Marie Jeanty, I own a home in Florida that I bought during the housing crash in 2010 out right cash. I have no mortgage and I’m looking to buy a second home for an assisted living business. I bought m...

Jordan Spillers "Renting" From Your Own LLC or Trust
8 May 2023 | 3 replies

Would it be beneficial at all, either for tax purposes or otherwise, to "rent" from your own LLC or Trust? For instance, if I bought a home through my LLC as a rental, but I lived there, would there be any benefit to ...

Joshua Bautista What to look for in Residential Assisted Living investment
22 February 2024 | 1 reply

Just as the title suggest, apart from having your license and certifications...what do you look for in an RAL? Types of properties needed, regulations, etc. 

Chandu Batata Closing Statements and 1099
19 January 2018 | 3 replies

Hi ,I have a question regarding with regards to 1099 on a closing done in August 2017 of last year. My CPA is also confused. When the closing disclosure was prepared, I requested the Title Company to make a cashier c...

Kyle Myers Non Property Related Start up Expenses
5 March 2019 | 2 replies

Could anyone provide opinions or even direction/link on previous discussions within BP (I attempted to search already) on startup expenses to expect outside the obvious property related purchase/maintenance i.e. legal...

Chris Svendsen Backing out of an As Is Sale
8 September 2016 | 7 replies

Well my wife and I may of made a big mistake.  We submitted an offer on an investment propertly contingent on inspection and financiing.  Seller countered our price and also wrote down home inspection for information ...

Gabriel Rinato Sell or rent out gifted property
28 July 2023 | 6 replies

My parents are downsizing and want to transfer ownership of one of their homes to me. I was using this home as my primary residence but am looking to move and start investing in real estate as well. The home is locate...

Knoell Palmer Help with Capital Gains Tax?
1 January 2024 | 6 replies

Hey everyone. I kinda have an interesting situation and I'm hoping to get your help. Parents got divorced and in the divorce decree, I was to be gifted a multifamily. The multifamily has been in my Dad's name since th...

Joe H. Do you maintain contact with tenants during eviction?
17 May 2017 | 13 replies

I read the Book on Managing Rental Properties and didn't see anything about this.Once a tenant has passed the point of no return on an eviction, do you still maintain contact with them? I suspect that nothing positive...