I just got a note from my accountant that the IRS decided NOT to require us to file a form 3115. All you accountants need to let your clients know. A big thanks to Uncle Sam from us early filers who wasted our money.
Can anyone in NJ recommend a lender they have used to finance a renovation mortgage?Looking to try to get a loan for a home purchase + renovation costs. Hopefully 75%+ LTV on the home purchase and renovation (up to a ...
Hello! We made an offer on a home and the home inspection came back with some issues around some minimal rot on the exterior and some issues with the deck. What has been your best strategy on countering after your ...
Hi all,I'm trying to buy a SFH from the children of a dementia patient. The house is vacant for over 5 years now. The Husband, a former carpenter passed away some time ago, the wife is in a nursing home. The children ...
Legit question.If I find a tax deed property, can I use it for spare parts. Example: remove door knobs from tax deed home I purchased to place in my personal home. Have zero intentions on replacing doorknobs in tax de...
Hello my fellow BP's,I have been a real estate agent for 2 years now. My first year was strictly residential but the second was both commercial and residential. I find commercial fun and interesting. I also find deali...
Hey Everyone --
BiggerPockets was offline for 1/2 hour this morning (9:30-10:00 EST) demonstrating what could happen to our site and many others if the SOPA & PIPA bills pass in Congress.
If you haven't heard of ...
I 'm thinking of pulling cash out of a SFR which i own full and clear (no debt) in order to use as a down payment for another purchase. However, the SFR is in an LLC and i am told that the house would need to be under...
A lot of people start out wholeselling and I'm thinking about the process of actually meeting with a seller and taking a look at the property. Obviously you should come prepared with knowledge about the property, cont...
I have never wholesaled a deal but may have an opportunity! This is in the Greenville Easley Anderson area.As a novice, I'm requesting any insight y'all can give on how to handle this:My dad has unintentionally locate...