Jo W.
A tenant sent me a fake document - what would you do?
Hello Everyone and thanks in advance for any advice.A new tenant moved in last Sunday (The tenants are two married girls if that matters). My agent who is responsible for finding the tenant and screening provide me to...
Martha Codio
How to start a business with your spouse
Hi! My husband and I are starting a business together. I need advice on how to separate private vs personal life and is it a good idea to do business with your spouse ?
Pamela Brady
Yayyy!! First Flip closed in Feb and 2nd Flip Started
I am so excited about Real Estate. This post is a little late but me and my husband closed on our first live-in flip in Feb. I was inspired last year when I went to a REIA in Bham and heard this man named Matthew Greg...
Account Closed
Deed of gift, refinanced, foreclosed, life estate??? Close 12hrs
Hi I’m buying a house that was listed as a regular sale on Zillow. It showed sold in August 2018, and listing agent said it’s a foreclosure, but bank didn’t want it listed that way (legal?). So I’m finally getting a...
Clayton Silva
Another Cashflow Property in North Carolina
Investment Info:
Single-family residence buy & hold investment in Fayetteville.
Purchase price: $110,000
Cash invested: $22,000
3 bed 2 bath home with about 1,000 sq ft of livable space and a one...
Chris Shaw
Next Step for investing
Hello BP!So I’m in the process of selling my primary home as we speak. I should net a decent amount for the house. The plan is to buy another SFH with FHA (we can do conventional) With the other cash from the sell we ...
Ryan Stockman
Qualifications / Requirements
When meeting requirement such as income, do you go based on combined income of all applicants? Does it change based on relationship? For instance, do you require it differently for a Married couple as opposed to 2 fri...
McClain Gitch
Capital Gains Tax Questions
My wife and I purchased a duplex in July 2016, lived in it for 26 months before using it as a full time rental, and sold it in September 2020. Our accountant has stated that because we claimed it as a rental the last ...
Luke Haverkamp
Is my property a TIC or Join Tenancy?
I'm sure this is an easy question for someone that knows their stuff, but how do I know if I property I bought recently with a business partner is held with joint tenancy or a TIC? I'm trying to figure out if that is ...
Alex Freelove
Section 121 Capital Gains Exclusion
Tax related question on the Capital Gains Exclusion.- I purchased my first primary home in Feb ‘17.- I lived in the house until July ‘19 (total 2yrs 5months)- It has been a Rental from July ‘19 to now. - Roughly $250k...