Hello. Let's say a homeowner owns a house worth $200,000 and owes $150,000 on the first mortgage and $50,000 on the second mortgage.

If the homeowner defaults on the second mortgage but is current on the first mor...

Hi everyone!My husband @Kevin Kovalsky and I have been in the process of setting up a business structure for our rental properties where each property is in its own LLC and then all the individual building LLC's are o...

Hello, I'm hoping someone here can point me to a seasoned & experienced tax professional who could help advise me on the best course forward with my 1031 Exchange I'm in the middle of. Details of my situation belo...

Can you break down the benefits of forming an LLC? Putting rental homes into an LLC

I want to see if someone will arbitrage my house in Clear Creek county, CO. 15 minutes to Loveland ski area, 25 to Silverthorne, 30 to Breckenridge. Great location between Summit county and Grand county activities, ...

I am in the final stages of a HELOC closing. All is approved just need to get the papers signed and sent back. I am also in the middle of my first investment properly closing (waiting on appraisal completion and closi...

Hello all,I'm new to BiggerPockets and have been dabbling in real estate investing for about 10 years now.  I was in the military so I was not able to commit a whole lot of time into it; however, in the past 10 years,...

I'm a very small-scale landlord renting out a unit in my own duplex. Have been renting it for almost 10 years with no serious issues yet (knock on wood). I am currently transitioning between tenants where Tenant A (mo...

Seeking informed opinions on the best tax avoidance strategy...I own a SFR in NoDak.  I purchased it ($265,000) in 04/2022 for #2 son to live in while he attends college.  I have been deliberately managing it as a ren...

Yes .. I just have a quick question... If a homeowner wishes to file bankruptcy on a property will bankruptcy protect them from the code enforcement. Thank you