As a first time home buyer and single, how can i maximize the tax benefits available to me if i decide to buy a 4 unit/multifamily house that is worth $2 million and property tax of about $30,000 per year?
Will like ...

Hi All, it is going to be a long post..
I have a house in Evanston (sub Chicago). It is rented to 6 students. I emailed them asking if they stay at the house when pandemic began. They did not respond. I have a clause...

Hi all!This is the first time I'm working on a rehab that's more than just cosmetic. We're finishing a basement & also considering updating electrical / plumbing. Our contractor said we should definitely replace t...

This is my first post on BP. I have used the search function and gone through the notes section and have yet to find answers relating to my current circumstance. If these questions have been asked before I ap...

Hey Guys,
I reviewed the lease (created by our property management) for our tenants, and I feel like we, the landlords, are not protected enough on that lease. for example, I would want to add an addendum about "chang...

Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...

I am a single female who recently moved into a home that had been vacant for a number of years. I did all my homework regarding ownership, heirs or wills that may have been deeded to a friend or distant relative upon ...

I purchased a property in Dade County in 2013. The property was on the same parcel as another condominium building.The purchase contract stated this in the additional terms-“Seller, as a condition subsequent to closin...

I'm new to this forum thing so bare with me please.

We have an excellent opportunity on an 8 plex we are probably going to buy. We already have it locked down with an offer, pending the inspection report we g...

Hypothetical question - my parents own a old smaller home in a nice location in the city. Can anyone tell me what they think general ballpark/rough estimate would be for the amount that a good developer would charge t...