We're looking at purchasing a foreclosure property- It is not owned by the bank and, if their is a successful high bidder, a trustee's deed is issued. Are their any things to be aware of or concerns pertaining to a tr...
Hi all,I'm a beginning real estate investor in NYC, and as the price point of properties in my neighborhood seem off the chart, I've tried looking out of state to invest in my first deal with a potential partner. Long...
Short term rentals will be required to refund full price beginning July 1, 2024 (for all bookings made prior to that date). Currently I have written in my contract the following:
A flat fee of $125 is charged for ev...
If any CPA or someone that had similar experience could comment:The IRS understands the ownership of a property as the day of the death or the day of distribution?Question is pertaining to $250/$500k capital gain owne...
Hello everyone. This will be my first post on the forums. Let me start by saying I found my way her from listening to the podcasts. I appreciate the honest, personal, and no b.s. education that Bigger Pockets offers. ...
Hi BP community,There was a recent ordinance passed in the state of Missouri (specifically the actual city of Kansas City) pertaining to whether or not landlord's can review and deny tenant applications based on sourc...
Hi I’m currently researching on the legalities pertaining to lease-option deals. I’ve searched bigger pockets forums and have read through blog postings, but can’t find any information thats current. I’ve read the “Sa...
Here's the story as it pertains to a friend of mine.
He moved into a home, with a lease to own option.
He put a significant amount of money down on the home.
The current mortage holder, who does not live in the hom...
My business partner and I started investing this year. We currently have three properties with eight total units. We hold the title to each property jointly, but we do not have any legal entities. What is the best way...
I am a small-time landlord with 6 SFH rentals, all of which were purchased to be rentals (retirement income - I spend an inordinate time worrying about retirement lately) and all have been rented since purchase. I ...