Emre Tapucu
Not-for-Profit Activity
I currently own a profitable property in Cypress, Tx (~20K net) and live in San Jose, California in my own home. My wife and I have been interested in property in the Lake Tahoe, CA area as a mixed use investment (i.e...
Thomas M.
Selling on Contract
I was approached by a friend to sell a house we're considering flipping to another person on contract. They have a large down payment (about 35% of the home's listing price) that they could pay us up front. This perso...
Scott Boyd
Hi, I'm Scott from Seattle
Howdy, I recently discovered BiggerPockets and I have to say I'm really impressed with the site/forum/podcast. I wish I had found this site years ago! I've been lurking on the site for a few weeks and I've read so man...
Ebony S.
Best way to pay out private investors
Hi BP, thanks for your help!
I'm about to close on my 1st flip. For the deal, I used private investor money in addition to my own and hard money.
I was wondering what you thought the best way to pay out my investors...
Kim Livingstone
Homeowners insurance for a rental property in a trust
My mom's home was a 4 unit building, she lived in one apartment and rented the other three. She passed away and left the building, our family home, to me and my 2 siblings via a family land trust. The current home own...
Nick Ferrari
Transunionn Smart Move feedback
Hey everyone,Anyone ever use this service SmartMove by Transunion? They are offering $35 to run a credit, criminal background, eviction report as well as some other services. Almost sounds good to be true. Anyone u...
Joe Mata
New Investors-close in their LLC or Trust
Hello I'm a lender and I'm helping 2 brothers finance the purchase of their 1st 2 investment properties. They're buying 2 Townhomes together. They both own their own primary home and are looking to venture into real e...
Sasang Doc
Equity Stripping with HELOC
Hello BPers,I'm an LLC hoping to jump into bed with a sexy HELOC loan and strip down all my equity in an investment property.My question for ya' all: Is the entire amount of HELOC credit protected from creditors? Or o...
Joshua Knapp
Tax Deduction Question
To take expense deductions for 2020 on a new property being used as a b/b such as appliances, furniture etc, does the receipt need to be dated in 2020 or can it be dated up until filing deadline of 4/15/2021?
Justin Burch
Depreciation without income?
I bought a rental on November 2, 2016. The house was put "In Service" according to the IRS (as in rent ready) by Thanksgiving, but lets say December 1st. The house was not rented until January 15th 2017. I am working ...