I'm considering moving to a bigger city where I plan to sell my car and use public transit as my main source of transportation. I have 1 house in Michigan with an umbrella policy over my rental property and my car. I ...
Hello, everybody:So me and my team are excited since we have a new project coming up - we have a multi-family property located in Los Feliz, Los Angeles City. We want to demolish the whole thing, buy out a car wash ne...
My friend is having a hard time with someone in his rental house. He has a lease with two tenants, they allowed a friend to move in without letting the landlord know. The two on the lease have since moved out but ther...
Hello! I'm Jesse and my wife and I are relatively new to the Charlotte area. I am a technology and management consultant and my wife is an interior designer. We began our adventure into real estate back in 2010 whe...
I'm confused about the wording of "lived two years out of five" for the tax exempt sale of a primary resident. Does that mean I can sell it after 2 years of living in it, or do I have to satisfy the 5 years regardless?
Hey everyone!I am about to move out of my primary residence and turn it into a rental property. My plan was to move the property to an LLC. I just reached out to the mortgage company, and they informed me that I could...
Can you write off the home and sewer inspections and appraisal costs for a rental property? If so, do you have to add these expenses to the cost basis of the property or can they be fully deductible?
Thanks,
Hey, biggerpockets nation. We are just getting started and were curious if we needed to form an LLC or other business entity first? Or do we just need to jump off the cliff and figure out how to fly along the way... A...
Hello guys:
Can I get your take on whether it would be a good strategy or not, to have your buy and hold properties as a separate business from your flipped properties.
I was told doing so would protect the asse...
Can a landlord evict a tenant for not paying all of the security deposit ?