I am a newbie passive investor and trying to understand tax implications of selling a rental property which has passive suspended losses. I don't have a primary residence (i myself live is an apartment), and recently ...
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I completed my strip mall conversion to self storage and now to my new project a full remodel of an 8 plex just outside Chattanooga TN. We plan on replacing just about everything. Here is a couple of pictures of the s...
This is yet another post of mine that makes me think I should start blogging.
"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently." - Wa...
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Desperately need advice! I'm in Lexington, KY and I have a couple of listed, on-market properties that I have made offers on. The deals are solid (I will be able to wholesale them for 20k or more below the original as...
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Hello BP,
I listed my townhouse last weeks and with in two days all cash offer for full price with a 15 day closing! Close date is the 25th!
Now comes the first world problems of taxes! I lived in the house for 573...
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I'm in the process of refinancing a hard money loan. I bought a nice property, fixed it up and it is now rented on a 12 month lease. So far so good.
the original appraisal was for 90K, and I borrowed 50K. The...
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Hi BP!Long-time lurker, first time poster. After listening to podcasts and viewing forums, I wanted to try to house-hack the home that I own and currently live in.My question is, am I allowed to choose a tenant who I ...
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My client is doing her first househack. It’s a solid 2 family in Lowell MA but but during the home inspection we found some active knob and tube and this foundation issue. I’ve dealt with knob and tube before, we’re ...
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Hi Everyone,I'm curious to get feedback from other investors who have had to deal with evictions of someone you did not put in the house to begin with. I have a flip I'm looking at that currently has a tenant in ther...
I'm living in the home in Southern California that my ex-wife and I purchased before the divorce. We had agreed that we would continue to co-own it and that I would be living long term. Whenever we did sell that we wo...