Adrian Reyes
General Short Sale Question
Hello everyone,I just wanted to ask a general short sale question which i'm pretty sure you have already seen before, but here it goes again. what are some disadvantages and advantages of a "short sale" on the sale si...
Scott Anderson
Selling Investment Properties to buy Primary Residence
Hello All,I am in the process of making a large move, and was hoping for some advice from the community. I currently live in PA, and have 2 investment properties in other states.. One property I rent out as a vacati...
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
Yes, this is an angry kind of post. I don't have much patience or sympathy towards the annual flood of "Terrific End-of-Year Tips to Cut Your Taxes" webinars, podcasts, articles and whatnot. You want a sample of this ...
Matt M.
If I live-in my triplex, do I have to pay taxes on rental income earned?
To my understanding, actually living in the premises, especially being a 3-home or less, will put you into a different mortgage bracket, tax bracket, etc...
Do I need to claim my rental incomes and then pay taxes on ...
Isaac Rayne
Inheriting Terrible Leases
Hello everyone! Today I went and saw a Triplex deal I wanted to run through my checklist and let me tell you the location this triplex was in is quite literally the best it gets for this type of C class Multi-family b...
Joseph Watson
Real estate tax benefits with seperate high income sources?
Hi there BP members hope you are all well today. I have a few issues that I am getting large differences of opinions on. I make over 100k a year at my current job and wanna get into rentals on the side to eventually g...
Kevin Rowghani
Transfer from my name to LP - Tax question
I am investigating the option to move a rental property from direct ownership to an existing LP. I am the sole owner of both the property and LP. The property is free and clear and was purchased 10 yrs ago. It has als...
Raha Wala
Thinking through options...
Hey there! I bought a great little home at a great price and great interest rate last Fall in Washington, DC, where I live and plan on staying indefinitely. The plan is to build an ADU for my mom, and live in the prim...
Jeff Thompson
Changing the terms on seller financing? (bought $126k, now worth $75k)
Hi everyone, I've have a rental I co-own with my father. We bought this 3/1 in northern California in mid 2008 for 126K thinking how much lower could it go? Today it's worth around $75K with around $91k remaining on ...
Peter Morgan
How much in liability insurance coverage?
Hello,I recently changed my home insurance, it was getting very expensive this year and I chose $100,000 in liability insurance for my triplex when electing. Should I get Umbrella insurance on top of it? How much doe...