Current Situation - Trying to tax plan for 2020 tax year- househacking with SO and 3 other roommates, and planning to claim active participation and claim a deductible passive loss- Deductible expenses are based off f...
Hey guys. I apologize that I've been MIA for most of the summer. It's been a crazy summer for me. Between changing careers, completing my first flip, family issues...it's been a busy summer. Here's my situation: ...
Need help BP thanks for everything in advance. Terrible divorce with children and a house. Ex wife currently is allowing me to take property located in Northwest Indiana but my income won't allow me to refinance to ge...
I have a property I’m thinking about taking down as a sub2. I’m dealing with the father of the deceased owner. 1. Since the mortgage holder is now deceased, can I still take over the mortgage? Like, what does the mort...
So we purchased a home partially with cash and partially with a private lender. After rehabbing, we refinanced when we were about 80% complete with the reno. Our lender lent us about 38% of the ARV (we were expecting ...
Talk about a double whammy! I recently started renting out a property to a so called contractor. We agreed on him doing some work on one of my other units and I've paid him $8,100 so far for a job that was supposed t...
if you own multiple rentals, and you buy them with traditional financing, this question is for you.
i purchase my houses in my name b/c the lender will not loan to a company. i was then quit claiming the houses into...
Hi all,Not sure if this topic is at the right forum. Please forgive me if not. Currently, my sister and brother are claiming that they own part of my house. Two years ago, my father passed away, and he uses to live wi...
New Texas Excess Proceeds law introduced - What is your take on this ?How do you think this will affect previous owners and investors that their primary investing strategy is helping previous owner collect the excess ...
Here is the situation. Dad passed away and there is an IRS Lien on his name. He owed a house that is worth 30-50K maybe. Lien is in the upper 20k range. The lien has been on file since 2103 so in 2023 the lien is ...