Account Closed
Pre-Screening: When prospects supply different names and emails?
I just set up a pre-screening process for my first rental property and listed through Zillow manager. After prospects initiate contact through Zillow, I forward a contact form to them, getting their full name, phone n...
Joseph Bautista
Security deposit/cleaning question
I own a few basic rental units and one of my tenants recently moved out. I withheld a portion of the tenant's security deposit in part for pet-related carpet cleaning and deep carpet cleaning, which were arguably n...
Steve Schulman
Legal bedroom in NJ?
Hey everyone. Pretty straight forward question here. If I were to put a bedroom closet in the hallway— would the bedroom no longer be considered a ‘legal’ bedroom?
I have a three bedroom unit and the third bedroom i...
Account Closed
How you do business can effect your deductions
I came across this link to day while factual for the most part it can be misleading.
http://www.foodconsumer.org/newsite/Non-food/Miscellaneous/basic_tax_tips_for_real_estate_investors_2905100831.html
First, I thou...
Syed Rizvi
Tax Efficient Way to Cash Out of Stocks to Purchase Property
Hi BPer's,I'd like to convert some of my stock and bond holdings to cash and then purchase an owner-occupied investment property with those funds (using the FHA loan, probably less than 10% down payment). I have held ...
Don Spafford
Best way to transfer title to avoid tax or legal issues
Hello, looking for some solutions to a problem. My Mother has MS, which is the reason I moved my family to be close to her to help care for her. My Father passed away in 2003, so she is alone. The problem is that she ...
Dakota Mivshek
Tax Question - Mixing real estate commissions and Rental Income
Hi there, I have a tax related question. Things moved quickly these past few months, which has resulted in the creation of an LLC (S Corp status), Real estate sales commissions, & rental income. Current status: Re...
Amir Foster
Sellers side of the HUD???
Morning all,
Ok so here is the deal.. I have a cash buyer that is willing to pay whatever fees I would like as long as the numbers make sense to them. His only requirement was that my fees show on the "sellers side" ...
Ann Bellamy
Standing out in a crowd - no, you can't buy me a cup of coffee
A common question I get is "Can I buy you a cup of coffee and pick your brain?" (Really, you value my time at the price of a cup of coffee?) or "Can I take you to lunch, I'd love to talk to you about blah blah". (Th...
MARK F.
What’s the Reality of Acquiring Positive Cash Flow Multi Family
Greetings!
I am seeking the knowledge and experience of seasoned Multi Family Investors.
Investing in Multi Family Buildings has been a dream of mine for several years. A few months ago I graduated from dreaming to...