Michael Rutkowski
What are people paying in fees for a 1031 exchange?
I'm trying to initiate a 1031 with a qualified intermediary, and have been quoted up to $3k for fees. Previously we were involved with one in a different state and they were only about $1k, but this was a few years ag...
Paul B.
Should I keep my rental property?
I've own a triplex for about 15 yrs. It is fully paid off (for one year now) and it's worth close to $300-350K. My rent total is 30K per year. Recently, I put 10K into roof repairs and I'll have to replace a kitchen ...
Alex Duarte
Tenant leaves in the middle of the night, people still on premise
Hey BP, I'm in the process of closing on a Duplex in Los Angeles, CA and I was made aware days before closing that one of the tenants left in the middle of the night without giving notice. The lease agreement was mont...
Brian Scott
CPA help: Report Rental Loss on 1040
2021 is my first year as a landlord and to save money I'm doing taxes myself for the first couple of years. To avoid doing anything wrong I wanted to double check a few things. Can any CPA's answer the below? I've sco...
Burt L.
Can I Buy This Colorado 4-Plex I'm Fixing on DSCR Loan or Other?
I've worked to follow the Info Template above:I had a good year in 2017 and when time to pay the rest of the taxes in 2018 and after getting a call from a motivated seller, I instead made an installment agreement with...
Richard Lincoln
Cheapest way to "refinance" 1st in subject-to transactions?
I buy lots of second mortgages and occasionally foreclose on the properties. I end up getting title to the properties subject-to the 1st mortgages. Well, then I get in to a pickle because sometimes I'd like to keep th...
Gary Dezoysa
Is performing note investing viable when living abroad?
US citizen living in Thailand here. Is performing note investing viable for me? If yes, what additional challenges should I be prepared for? Thanks!
Peter Schiff
Selective application of HOA rules
We are in a dispute with HOA about changes to a property located in Tennessee. After purchasing the property, we have installed privacy walls on a deck, something that about 50% of properties in the association has. W...
Brett Tvenge
Solar Panels on Primary residence
Title says all. My wife and I are strongly considering getting Solar panels put on our primary house in Phoenix, AZ. We are wanting your personal experience with them. Thanks BP Advantages we see are tax credit and no...
Elizjua Jua
Bought 2nd lien at auction.
first time we bought a property at auction. Shortly after we faced the fact that we bought the 2nd mortgage lien. However we paid at the auction enough to cover both 1st and second lien. Would the second mortgage pai...