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Results (83)
Ned Outtadebter Conventional Loans on 2nd, 3rd, 4th SFH Rental
11 July 2013 | 9 replies

Loan officers lately tell me one thing, then call back "oops, I was totally wrong, the underwriter told me something else..."

Anyway, I'd like to get a straight answer from BiggerPockets:

I've owned/rented one SFR f...

Kurt H. Section 8 Rules Charlotte, NC
12 December 2018 | 0 replies

I recently bought a property in Charlotte, NC with a Section 8 tenant that is currently on a month to month lease agreement.  I have a couple questions that I can't seem to get answers for.1) Since I would need to sig...

Navid A. Mileage deductions in a multi-member LLC?
26 March 2020 | 1 reply

Hey BP,
How do mileage deductions work in a partnership structured as a multi-member LLC? Are the miles I drive only deductible to my share of the rental income or is it deducted from the total income of the LLC firs...

William D. Subject to- Purchase price?
19 July 2012 | 2 replies

Because the loan pay off changes by the day, what should I put as the purchase price in a sub-to deal?

Charles Heyward Knowing Homebuyer Tax Credit Inside Out
17 December 2009 | 0 replies

Recently Congress approved a legislation that will extend the first time homebuyer tax credit beyond its initial November 30 deadline and expand it to even wider group of homebuyers. Here are some facts you need to kn...

Mike C. Joint Tenant Leaving Under Military Clause, Other Tenant Remains
7 June 2018 | 0 replies

I don’t want to make a mistake by assuming the wrong things in this case and so am requesting advice.Single family house in VA. Four adult joint tenants. Each individual signed a separate copy of one-year lease that g...

M S Subj To Write Off
9 March 2009 | 5 replies

I am starting my first subj to deal and its going to be for my own residence. Since the mortgage is still under the other persons name, how am I entitled or am I even entitled to the interest tax write off my taxes ne...

Neil G. UD Defendant Vacated, DOES moved in & refused ID toProcess Server
24 March 2016 | 0 replies

So the process server I hired to serve the Summons/Complaint/Prejudgment Claim of Right to Possession indicated she tried 2 times last week and 1 time this week and each time she was confronted by an entire family in ...

Rick D. Tax Savings from Rental Properties
5 July 2017 | 3 replies

I realize a real estate investor “makes money” in four basic ways. Cash Flow,Appreciation,Principal Reduction, and Tax Savings.In order to properly estimate my returns I need to assign a dollar value to each of these....

Account Closed Title Company Requesting an Extension of Search
11 February 2020 | 5 replies

Hey all,Shortly after the new year, I placed a winning bid on Auction.com, two weeks later the bank signed and we've been under contract since. Per contract, we have a closing date of 2/17 but the title company is now...