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I had a renter cause damage. I deducted $250 from her deposit. (room in my house)I have statement from the plumber she caused the leak, pictures, and receipt from contractor for mold mitigation. The leak went throug...
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Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?
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Hey folks,
Im a newbie investor who isn't looking to make my first investment out of state. Seattle is my home for now and where I want to do business but it's intimidating and expensive. I've decided I would like t...
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I have a General Contractor that gave me a bid. We agreed on an Independent Contractor's Agreement, and a Scope of Work. I certainly didn't tell him how much material to use but I stated what needed to be done.
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Hello BP,I'm looking to start investing out of my state and came across this REO house in NC. It's been on the market forever and the price keeps going down. I don't know what's wrong with it. Based on the pictures...
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I'm just starting out in the real estate world and am targeting buying a low cost rental property in the midwest. I own a small, remote business and live in Maui, so I will not be able to manage the property (and hope...
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Hi all,I have a situation that I really need everyone's advice on. I bought a flip in Maryland a couple months ago and hired a licensed Maryland contractor for the reno. It was supposed to be completed at the end of M...
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I finally have my first flip property under contract closing later this week!! It's been four months since I officially started looking and after many tours and offers the hard work begins!! I have hired a GC to help ...
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When my husband and I were living in Los Angeles I fell in love with Joshua Tree and the little homesteader cabins out there. We were finishing up DIY remodels of our duplex in LA and fourplex in Pasadena when I could...
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Hi All, So I think I found a duplex to invest in Clark County, Ohio (My first investment...and out of state to add to it!).Just wanted to get everyone's thoughts and opinions prior to writing the offer. Please let me ...