Account Closed
Storm destroyed 100LF of fence. Should I make an insurance claim
Weather knocked down 100 LF of fence. Is it better to build a new one out of pocket or make an insurance claim?
Agustin Rossi
IRS rules: avoiding taxes on up to 500k profit
Can someone please explain the IRS rule that allows homeowners to avoid paying taxes on up to 500k in profit from selling their primary residence? Like what is the specific criteria that this deal and property has to ...
Kelsey Vander Meulen
Program to Calculate Tax Savings in Deal Analyses
Hi all,
My husband and I are high-income earners in a high income tax state (California). We currently own a SFR in Texas, but we are looking to purchase another SFR in Arizona. Given our tax bracket, including tax ...
Brandon Jones
Tenant Pays Rent Late Every Month, now a month behind, what should I do?
Hello, BP Community!I have a tenant who has never been able to make rent on time, they are typically making partial payments throughout the month to get current on rent before the start of the following month. At this...
Burt L.
How Can I Avoid a Bidding War When a Second Investor Appears Before I Have a Contract?
I have been working with a seller about a house that has had their relative living in without paying rent, and the relative has treated the house badly. The owner would like to sell and I haven't been able to see the ...
Cheryl C.
Tax Question: Charitable donation to fire dept. if house was going to be torn down anyway?
Years ago, I read that you could donate a house (structure only) to the fire department to practice on, wrecking it in the process. The charitable donation was the value of the structure. I believe that I read that ...
Gus Delgado
Received Noticed of Chapter 7 Bankruptcy Case For Tenant
I have a question regarding tenant's bankruptcy. I received a noticed from the US Bankruptcy Court that one of my tenants file for bankruptcy on the 1s of this month. Prior to this, he had told me that he was going to...
Joseph Grullon
Family funding 1st investment
Good morning BP,
So I am in a blessed position where both my mother and my wife's mother are looking to help us get a start in start in real estate investing. My goal is to find deals through the mls or through netwo...
Dave Rav
Sub-To on a MH
Hey group! I wanted to ask if anyone has done a subject-to on a mobile home? Please tell me about your experience.Though I have experience in other areas of RE, this would be my first sub-to deal. A tenant in our ...
Lee Lockhart
Hello, from an Investor and Contractor from Chicago
Hi, I'm an investor and general contractor based in Chicago, IL. I'm interested in learning more about investing and want to work with others to help achieve our investment goals.