David Jesse
Moving into a home after jan 1
I purchased a home in Florida which would be my primary house. My closing is a few days after Jan first. The home is already homesteaded by the last owners. From what I understand I can't homestead the property until ...
Tai Bhattad
Voided Tax Sale - Alabama
Can someone shed light on the void tax sale stipulations in Alabama... If the wrong name is called at the auction, someone ‘forgot’ to have the property assessed in their name, deceased owners prior to auction are rea...
Fernando Villareal
Can I rent out a house even if it's not completely paid off?
Hello everyone i'm new to BP!!! I am planning to buy my 1st house in San Antonio, Texas once I get out of the military. My question is if I put a down payment on a house say 20% and it's not completely mine yet. Am I ...
April Conaway
Just starting out - question about taxes and depreciation
My dad and I are partnering up to buy some rentals. He already owns 2 small SFRs and a 4-unit apartment. We found a bundle of 6 SFR and are currently under contract. We are both contributing 50% of the down payment. W...
Jordan Hunter
Mortgage payment vs. rental income for taxes
I am currently about to rent my home that is under a FHA mortgage. I have lived in the home for over a year as my primary residence. My monthly note is $1,238.00 a month and It will rent for $1,675 a month. I only pla...
Andrew UMphrey
Our first offer - Any suggestions?
My wife and I just made our first offer on a bank-owned property. We were dragging our feet after viewing the property twice (once with agent, second time with contractor and agent). Got a message today that another...
Account Closed
Housing Prices Stagnant & Dropping - Yes, It CAN happen - and is
From Trulia ,Home listing prices are flat in these 10 markets — is the housing boom finally cooling? In six of the nation’s 100 largest housing markets, the median listing price has remained unchanged or d...
James K.
Would you buy this deal? (WV Townhouse)
https://www.zillow.com/homes/176-Georgetown-Sq,-Ma...Purchase price of $89k and can very likely rent for $950/mo.1.06% ruleCash flow after all expenses accounted for is roughly $250/monthWith a 20% down loan ($17,800)...
Matt Romano
Repair and Deduct in Rhode Island
I have a tenant whom deducted some money from this months rent for the purchase of salt and sand. She included the receipt of a local store but sent me NO previous notification. The law here for this type of stuff g...
Mike McGuire
Grandfathers LLC /Trust
My grandfather had an LLC in his name set up as a partnership and also a living trust. My siblings and I were 15% "owners" and my mother was 60%....something like that!I had to file a 10-K every year for earnings/los...