All Forum Posts by: Jose Amer

Thank you Chad. Property is not exempt because it is a Duplex and I do not live in one of the units. My intention is to SELL the property because I want to get out of the real estate business and want to make sure I do everything correctly with regards to AB 1482. Thank you.

Many Thanks Noah! Tenants have lived in the unit over a year. My intention is to SELL the property because I want to get out of the real estate business. This is the only rental property I own so liquidating it is getting out of the real estate business. Would that work? Thank you in advance.

Good morning folks! Thank you in advance for your inputs. Regarding AB1482, I read that Landlords still have authority to evict tenants if the landlord is getting out of the real estate business. Anyone here had success doing this?

State: CA

Property: Duplex

Lease Agreement: 12-months

Hello BP Community!- We are looking for Recommendation for Real Estate Photography (including Matterport) in Sacramento/Davis area. This is for a Rental, so basic package is what we are looking for. Thank you in advance. Have a BLESSED day.

Hi Jon- sent you a PM. Thanks.

Duly Noted. THANK YOU AGAIN @JON TAYLOR. This helps me a lot. My goal is to stay in the middle lane and preserve capital. Currently doing 1031 from rental property to Multi-Family DSTs. The "Springing LLC" does make me nervous but as you said, due diligence has to be thorough. Many Thanks again for all your help.

MANY MANY THANKS @JON TAYLOR!! Sincerely appreciate your reply. This helps me A LOT.

Since you touched on the DST debt, this particular offering I am looking at has 3 properties All 10 Year Interest-Only. I have read in this Forum that Interest Only DST debt is the "kiss of death." Your inputs on this matter GREATLY Appreciated.

Thank you again for your help, you’re awesome.

Hi Folks! Thank you very much for all the SAGE knowledge provided by all of you regarding DST. I am a Noob in this space.

Found this entry in PPM of a 50% LTV DST offering and I would like to know what this specifically means:

"In connection with the acquisition of an Interest, each Investor will be treated, for tax purposes, as the borrower of his, her or its pro rata share of the Loans, expected to be equal to $82,797.68 per $100,000 Interest."

Your inputs very much appreciated.

Thank you and have a BLESSED day!

Good evening folks! Looking for recommendation for Property Manager in Davis California (Duplex property). Thank you in advance!

Good morning Folks!

Seeking your inputs on selling Rental Property that is Tenant- Occupied 1 year lease until Aug 2022. Location CA (HCOL College town). Owned for 13 years, monthly cashflow $1,450/mo, never vacant. Neighbor of this property sold in only 6 days in the market (3 offers in 6 days, they took the offer over asking).

Not interested in 1031 because we want to be out of Real Estate investing. Currently researching here the best strategy to soften the blow of Capital Gains on the sale- your inputs greatly appreciated (MFJ Tax Rate: Fed 22% CA 9.3%).

Questions:

1. 1.) Are there any legal notices I need to be providing current Tenant with our plan to sell property?
2. 2.) I understand here in CA, the Lease becomes a Lease Assignment with the Buyers. Anything else I need to know in that regard?
3. 3.) Aside from matterport, are there any other tools for virtual tours of the property that can be used for marketing?
4. 4.) Any other comments very much appreciated

Thank you