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...
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 ...
Caryn Fischer
Tax question with selling a house
Hello all. Can someone explain the details of selling a house to a child?
Is there a limit on pricing?
Does it have to be sold at fair market value?
Are there limits to the “look back” for primary home exemption?
...
Account Closed
Canadian non resident and/or transfer taxes loopholes?
Any takers to help regarding this Canadian tax law question?I apologize in advance if posted in the wrong category..As American Citizens (non Canada residents) A couple owned a property in Vancouver.The husband died a...
Neal Daftary
Series LLC vs LLC in Texas - Need Guidance
Hello, I'm planning on purchasing property in the next couple of months. I have read about Series LLC. Needed advice and guidance on if I should initially start with a Series LLC or do a traditional LLC for each prope...
Kelly McMillan
Help! Pet damges of $4500 above deposit.
I allowed a tenant to have pets (3 small dogs), with a pet deposit of $300. He was the first tenant in a newly renovated unit with refinished wood floors. After several visits in which I found feces on the floor, a gr...
Seth Macomber
My first Rental, turned into my first eviction :(
I've heard it a million times, "never rent to family." Being the naive person that I was -- possibly still is -- I didn't listen. I rented my condo out to a family member in 2013. By early 2014, I noticed their rent p...
Joel Oh
One thing I learned from running Airbnb
I had months like this (STR dream)Also had months like this (my cleaner's STR dream)and also months like this (where is my guest?)but after all that, I learned that you don't need to stress about your bookings but jus...
Tara Piantanida-Kelly
Seller's agent shared buyer's inspection report without consent
We are the buyers in a 4-property multi-family deal. The property inspector we usually use wasn't available. The seller's agent/listing agent recommended someone she's used before, and we agreed to hire him for the ...