In the United States, when credits are applied to a purchase price the agreement becomes a financing contract and these contracts have been identified as predatory lending arrangements under the Dodd-Frank Act. Under ...
Getting conflicting information on this subject. Both husband & wife on W2 income w/ one rental property.Does creating a LLC help with a lowered tax rate for the rental income? Very sparse information on this subj...
Hello BPocketters! I came from Mexico 10 months ago and I'm living in WA state since then. I'm under a tourist visa in process of adjustment of status. I'm very excited to start this endeavor and I'd like to go out an...
What percentage should I give my business partner if he is only used for credit purposes. He brings no cash or labor to the table. I'm not sure how to structure our partnership but I know he doesn't bring 50% value to...
I moved in to an apartment with this girl. She has done nothing but start problems, she has brought drugs into our home, she is disrespectful, has ruined quite a few of my things, has stolen from my guests, and doesn'...
Hello All,Seeking a little advice on a messy situation one of my tenants has and therefore I have. The short and sweet is that I have a married couple living in one of my units and the wife wants the husband out due ...
Hi- I'm just getting started and have a bunch of questions, so I thought I would start with one that I have wondered about for quite some time.Are there any issues or restrictions regarding Real Estate Agents also be...
Dear Bigger Pockets people,I am looking to put together my first Private Money presentation which I anticipate presenting in front of my NYC REIA and local meetup groups regarding the matter.If anyone has a template o...
Hi Everyone,I know I'm new here as far as posting, however I've been looking over your shoulder reading the forums for quite some time now, I've also watched the majority of the BP podcast episodes.I am looking to get...
The closest thread I could find that discussed a topic similar to this is: I have been reading a lot in the discussions about property management platforms and for accounting, for example, this thread: https://www.big...