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Wondering if you have any general rules you abide by for estimating rehab costs without actually going to the property.  

The judge ruled that the heirs had to sell, but that the buyer had to pay current market value, to the tune of $100k over their contract price.So in the end the buyer was able to close (barely) but it cost them far more, both in price and in legal fees than it should have.3.

You’ll still need to pay tax on depreciation recapture from the period it was rented.If you sell after March 2026, you’d lose the exclusion and the entire gain would generally be taxable.Oregon doesn’t impose an extra “penalty,” but it does follow federal rules pretty closely—so you’d owe state income tax on any taxable gain that isn’t excluded federally.In short: sell before March 2026 to qualify for the exclusion, and plan for some tax on the depreciation you took while it was a rental.Perfect advice, right on the money! 

Its a site for direct booking so you make the rules and requirements, you take payment by however you want - cash, check, Venmo, Zelle, or regular credit cards if you are set up with Stripe, Square or one of the other processors. 

Our attorneys are in the process of filing a lawsuit against you, "John Doe," and will soon subpoena BiggerPockets to reveal your true identity by obtaining the the data from your IP Address.If it turns out that you are falsely posing as an investor or client of our company, then this is an additional crime which we will pursue you for to the fullest extent of the law.

Where there is direct control and complete unification into a single merged activity there is little doubt as to liability.3) To avoid that I need to maintain separate identities such as with accounting records, bank accounts, arm's length transactions, etc.

The ONE and ONLY rule when you are starting out, hire a Property Manager.

No one wants their elderly parents scammed out of their life savings, but I still believe in the rule of law.  

My qualification standards say that applicants should have a social security. thats what I shared with other applicant ( the other cousin). am i violating fair housing rules if I tell him.