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Results (10000)
Steve Vaughan Separating utilities, taxes. insurance from "rent"?
23 September 2020 | 8 replies

In light of the CDC eviction moratorium for non-payment of 'rent', is there a way to segregate what is rent vs what are fixed costs like w/s/g from rent?  Speaking of multi's mostly.  In my area w/s/g is owner-paid. 
...

Destin Naly I have about 5k-10k to invest, I’m not sure where to start.
9 January 2020 | 8 replies

I have about 5k-10k to invest, I’m just not sure where to start. At first I was leaning toward SFH rentals but the big numbers just scare me, along with multi-family homes. Also thought about mobile homes, but there j...

Paul Winka QuickBooks: rehab cost journal entries before in service?
1 December 2016 | 4 replies

I asked a similar question earlier today about putting a rental property in service and deducting the costs of the rehab on Schedule E. Okay, looks like I can't deduct the make ready costs and I can tally the improvem...

Julian Inoue Conventional Loan for an Investment Property - Lender Fees
28 January 2021 | 11 replies

Hi BP,I have a lender question I hope you can help me with. What should I expect to pay in loan fees when acquiring a loan for an investment property? I have great credit, zero debt and this will be my first conventio...

Stephanie Douglass Should I cash out my Roth IRA? Teacher Retirement?
6 March 2018 | 6 replies

Hi Bigger Pockets! I have about $6k in a Roth IRA. I just looked at my quarterly statement and I made $43 this quarter..... can anyone shed some light on cashing out an IRA. I also have about $20k in my teacher retire...

Lucky B. Should i create a new LLC,or pay the reinstatement fee on SUNBIZ?
20 February 2021 | 9 replies

Guys i need help here. I formed a LLC company in 2015 and i let it automatically dissolve last year(2017) by not filing an annual statement on Sunbiz.org. i did it on purpose because i was planning to sell my only ren...

Jeremiah Greco Starting an LLC and selling my personally owned rental to it
3 November 2019 | 3 replies

First time poster here,I've been renting out my first home for the last 4+ years (same tenant).  Just recently, I moved from Virginia (where the rental is located) to Florida.  I was trying to sell the property to the...

Inemesit C. Gift of Equity?? Help
11 November 2019 | 5 replies

Is anyone familiar with a gift of equity? I’m thinking about purchasing my mother’s home as my family consisting of me, my husband and daughter have been living in it and paying the mortgage the last 4 years. The hous...

Greg Junge Moving money around question - Helocs
25 January 2019 | 6 replies

Hi Bp,

So I have a 200k mortgage on my primary residence that's worth about 250k. But I plan on renting this house out in a year but I want to get a heloc on it before I do that, so I can get a highed heloc when it's...

Willis Seng Don't know what to do with this house
19 September 2007 | 8 replies

Ok, well, here we go. My parents just sold a commercial property for some money and stuck it into a 1031 account. They took out a equity loan against our house, so we have zero equity in this house. We bought this ...