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Results (10000)
Paul Collins Re: Reverse Mortgage
13 August 2023 | 13 replies

Can a relative of a deceased person who had a reverse mortgage sell the property? Is there something to look for in the contract language or is it pretty much a dead issue? No pun intended.....

Jason Krawitz How would you handle this?
10 December 2014 | 10 replies

Good afternoon! It's been a couple weeks since I've posted. My rental property is now cleaned up and I've had 2 showings with another set for tomorrow. Today, however, I received a call from someone in Texas that soun...

Russell Buxton Pay off mortgages or use interest as tax deduction?
1 January 2021 | 9 replies

I have 4 mortgages where I am paying approx. $35k per year in interest. This obviously reduces my tax burden. With other deductions, I pay no taxes at all. I have the funds to pay off these mortgages.  Would it be wis...

Account Closed Single Family vs Duplex/Triplex Sioux Falls
27 August 2019 | 12 replies

I already own a single-family house that I reside in. Now, I am planning in buying investment properties in Sioux Falls area - wondering if single-family is better than duplex or triplex property on its return and ren...

Thomas Morris Sell Home to LLC and Then Make It Rental Property
15 October 2023 | 8 replies

I found an article at This Link entitled "Sell Home to S Corporation and Then Make It Rental Property" fits my situation pretty well, except I want to sell it to an LLC that I already own. Would the article apply to m...

Daniel Tanasa The Inssurance Company does't want the insured name to be my LLC?
8 January 2024 | 10 replies

Hello Guys,
I am in a situation with my insurance for a property. My previous insurance expired and I changed the carrier and got a new insurance under my LLC name. However the mortgage company ( a local credit union...

Adam M. GP Advice? Maintaining Communication With Passive Partners (When NOT in a deal)
9 February 2024 | 10 replies

Hello BP,Just curious to hear how other GPs keep LPs in the loop when they are looking for deals/do not have any opportunities currently available for them? I know some like to do newsletters/mailing lists but I was c...

Kevin L. Would you rent to this guy?
15 February 2015 | 17 replies

Hi BP community,

I'm trying to rent out an in-law unit in my house. I currently have a tenant who has a stable job with great income in his early 30s. But his credit history is messy (8 collections and 1 eviction). W...

Mauricio A. Mechanical Lien Query
2 December 2019 | 6 replies

Hello all, 
I have an  investor friend who is retired and I was helping him to obtain a roof contractor to fix a leak in one of his properties.  We contacted one roofer who came out and gave a written estimate for th...

Drew Whitson Owning a vehicle in my LLC: Tax Questions!
9 May 2014 | 8 replies

My wife and I have an LLC which holds a small portfolio of single family homes. I am considering purchasing a vehicle to be titled in the LLC. My thinking is that the deprecation + gas + insurance + maintenance i...