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Hi, quick question about selling a rental property for less than it's worth and tax implications.I purchased a rental property on 9/1/2022 for $40k, paid $4k in closing costs, and over the course of 2023 paid around $...
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For anyone utilizing arbitrage in San Diego..What are your homeowners doing for insurance? I am arbitraging an older property that Proper would not cover. I found C-Biz, one of the only providers that would write a po...
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I found a thread about this, but that was 5 years ago. We are looking to purchase a small 2bd/1ba home in the heart of Winston-Salem. Plan is to rent it out either as a MTR/STR. Does anyone currently have one in the a...
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Hi everyone,I have a quick question, wondering if anyone could help someone out for International Women's Day! I have a friend who is a single mom and is singlehandedly raising her child, without any physical support ...
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hello, our Airbnb began July 2022 and starting then, we have been paying almost $1,000 monthly in insurance.we need to cut down this cost but we could not find anyone else to insure us . . . Likely due to the recent h...
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My wife and I are being sued in small claims court by our previous tenant for the return of their full security deposit plus travel costs for the tenant to appear in court. The renters left the house in complete disre...
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Currently, we have a commercial policy with State Farm but when our lawyer reviewed it, she recommended we increase our medical liability coverage. Both Air Cover & VRBO provide medical liability up to $1M (and we...
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Ok all you smart BP members, I have a couple of tax questions. I'm new to real estate investing, and haven't made my first purchase yet. I have been trying to get some things in order while looking for a property.
1...
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Hi fellow landlords, I am trying to determine if any of you had any experiences with water and sewer pipe insurance. I have it now on a multi-use property with 4 renters. Like to get some experiences from some prope...
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With the new tax law, our primary residence mortgage interest doesn't have tax advantage anymore to my understanding. I however own other investment properties , and there is one that is actually paid off. Would it ma...