Account Closed
Schedule E Red Flags
Hi,I looked on my returns this year on my schedule E and on one of my rentals my CPA didn’t put an amount in my utilities section. Would that be a red flag for the IRS for audit? The building is a multi family 6 unit....
Elvis Dur
HUD property in closing process
Hi! and thank you in advance for your answers..I'm in the process of buying a HUD property...They just let me know that I won the bid because the person before me somehow didn't have the funds or whatever.So I signed ...
Jacopo Iasiello
Quitclaim Deed? or Promissory note ? or both
Thanks in Advance To ensure that my debt is paid by the person I lend the money to buy a house is super guaranteed which is the best and or both
Quitclaim Deed? or Promissory note ?
Michael Slabitcher
Does a wholesaler in New York need both a real estate attorney and a title company?
Would a wholesaler in New York need both a real estate attorney and a title company to perform transactions? If I pay a real estate attorney a one time fee to write up contracts, can I deal directly with a title co...
Manvel A.
How to collect rent from ex-tenant?
Hey BP, I just wanted to pick a few brains to see what's the best approach to recovering rent from an ex-tenant. The tenant broke their lease and left 3 months early and has not paid. Has anyone had any luck or is it...
Jeff Wheater
Cost Segregation Study
Was wondering if anyone has done a cost segregation study on a SFH for tax purposes and bonus depreciation in Kansas City Missouri
Rose Woodall
Wanted JV Partnership
We are needing a $1m up to $5m loan JV partner (80% profit split to your
investor group) to purchase existing commercial multifamily apartment
complex in Colorado Springs Colorado. We will handle all the day to d...
Parish Benoit
Home Owner wants out of contract that is Sold
I currently have a contract to buy and sell on a property. The property has been appraised by end buyers bank and title company is ready to close on my buy side. The home owner's mortgage company that was about to for...
Andy Sabisch
Renting to tenants with service animals
We are renting one unit in a building we have and the person looking at it has a German Shepard that she said is a service animal. We have a breed / weight limit on dogs based on our insurer (Steadily) which would ne...
Alan Sue
Power of Attorney for a purchase without an address
Some background, I'm an American living in Japan, and trying to do real estate in the US from abroad. That makes for all sorts of fun beyond just the time difference. It also means each notarized signature costs about...