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One of my tenants has reported that they have bed bugs in their unit. This has been confirmed by a city official who came to verify the presence of bed bugs. The tenants are citing the Chicago bed bug ordinance that s...
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Hello everyone,Long time lurker, first time post. Last year I ventured into real estate and purchased 4 homes to begin my flipping/rental journey. I had worked with a contractor who did flat price rehab and repairs ...
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Hi, before I posted this I searched on property management software and I see that these services change frequently...so here is my question.
Which software?
Here are my Needs...
1. Keep track of...
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Hello BP and thanks in advance for your help!
From my understanding, secondary homes are not exempt from the capital gains tax, and if you are not renting it out then you cannot do a 1031. However, this client has h...
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So here's an interesting situation: my neighbor is selling her home to me, it is appraised at 215, 000, and she owes 154,000, with monthly payment of 850 at 4% fixed. The home can easily be rented out for 1200 per mo...
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Hello All,I've been a wholesaler for almost a year now. Previously I was doing single family and some smaller multifamily purchases. Now I have pivoted into doing larger deals such as 20+ property portfolios, large ap...
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so i’m looking to invest in syndication, and one thing i’m concerned about is taxes. i want to be in a passive deal, so syndication seem to check the box. but i also want to make sure tax reporting will be simple. ...
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Hello BP FAMILIA,
Hey, does anyone know what the costs are to have a title checked in the Houston, Tx area?? What I want to do is to check for clear title(s) on the properties that may get a purchase agreement signed...
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Hello everyone! Thanks for your reply in advance!1. I'm currently working overseas and have been for several years 5 years to be exact. And I was wondering about my financing options having a foreign income from a for...
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I'm a relative novice investor but I have done several flips and currently have one rental. I do my own taxes but have always struggled with where/how to expense mileage to and from the properties I'm working on. I ...