Sylvia B.
Evictions can be dangerous
Shootout with a deputy and a trooper serving an eviction notice.
CJ M.
DSCR coverage calculation?
This may have already been covered in another post already (my apologies if so), but from my experience, the DSCR calculation is a bit taboo with some lenders. Many calculate annual expenses differently (personal and ...
Patrick Regan
Miami Waterfront Land. Take a loss and sell or gamble and build?
Looking for some input...I purchased a home on a 9000 square foot lot in unincorporated Miami-Dade for 725k. Property has 50ft of canal frontage. I proceeded to tear the house down and 'got stuck'... never building a ...
Autumn Hutchinson
CPA HELP! Income 150K+ ...CPA says won't help on deductions
Hello BP community!! My husband and I met with our CPA for the first time today and she dropped a bomb that blew us away. She informed us that because we have a combined income of 150K+, all of our repairs, reno costs...
Pat L.
Crazy Tax deductions allowed & disallowed
I got these from our tax prep guy.....
Crazy Tax Deductions that the IRS Allowed:
1. Parents put their child in clarinet lessons and argued that it would correct the child’s overbite. The IRS agreed and allowed them...
Ken Hughes
Insurance questions
We are closing our first buy and hold property and need some insurance advice. The property is held by an LLC in Florida and we need suggestions as to which insurance companies are best to work with as landlords for p...
Mike Rumeo
Looking to invest in first rental property, need some guidance
Hi everyone,
I'm considering real estate investing but I have some concerns.
In my area of the Greater Toronto Area, the market is pretty ridiculous and my options are to invest in condos for $600,000 and up (roug...
Aaron S.
Trying to dig myself out of a little hole; advice requested
33, salary 95k, MCOL area. $4,000 in credit card debt and I pay $400/mo child support. Other income is ~$300 in disability income and ~$250 from teaching Brazilian Jiu-Jitsu on the side.live with girlfriend who makes ...
Kevin Kramer
Should I sue my former contractor?
Hi All,I overpaid a contractor and they have failed to perform on the contracted work. There were red flags but I had worked with this contractor before and did not have issues. I am weighing suing the contractor but ...
Jim Watkins
Eric Foster's Avatar
I just wanted to point out to all the readers/viewers on BiggerPockets, how appropriate and "Dead On" the avatar used by Eric Foster really is.
No matter how safe one may think a real estate deal is... In the end, ...