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We close a deal for a house on agreement that seller tenant can stay in house for 15 days after closing. We ask our agent and he told us we will be getting rent for 15 days. Now, the seller is not giving us rent for 1...
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Hello Everyone,I have a rental property in Los Angeles County, California. I was informed yesterday Aug 28, by the next of kin that my tenant passed away August 17th. Does anyone know the legalities in the state of CA...
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I am starting a partnership with a friend where he found the deal and will do the work, while I put up all the money. The issue is he has to initially buy it in his name because he is doing a shortsale. How do I prote...
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I'm researching investing in tax liens in my county (DeKalb County Illinois). I understand the basic concept, but looking on the county website on the FAQ page I found something confusing. Once a year they hold a de...
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I have been in business for myself for 5 years. I recently sold my oil and gas title research/staffing company and now I'm primarily doing consulting work (still in the oil and gas industry). My wife and I have alwa...
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When buying, fixing, and renting property, how do i handle the business with taxes? I operate under an LLC, so should I just report rental payments as income taxes or is there more to it?
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Hi BP community!
I hope everyone is well.
Since starting this journey a bit over a year ago, I've made a ton of progress and am newly under contract for my first property :)
I have a small rehab that needs to be d...
First post here,My fiancé owned a home with her ex husband. Her parents needed to take title in order for her to keep the home as she had no income at the time of divorce . Fiancé has made all of the mortgage payments...
I have been working in house rehabilitation for about 10 years. I’ve done all the work myself but my most recent project I brought in a general contractor to help scale my business. We established a contract that in...
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Good Evening All!A quick question to see if anyone else has tried this strategy out there in regards to trying to sell their property. I bought a corner lot house about 3 years ago and recently a large number of town ...