All Forum Posts by: Kevin Turano

Thanks!,,,,, and I just got off the phone w/ the lawyer who created the deed and he confirmed what you say that the lease remains in effect

update- I went to an HOA meeting and afterwards had a "hearing".  Sounds scary but it was very informal and polite.  They asked if i could "trim branches overhanging sidewalk and cut  branches off up to 7 feet."  I agreed and did the trimming yesterday.  I think they are going to check it next month... Here is a pic after the trimming, (i wish i had taken a before pic)  i'll keep you posted ! 

I'm sending a letter to them, i'll let you know how it goes!

thanks!

Hello,  I'm in Texas, my HOA sent me certified letter that I would be fined if I did not remove 6 trees that are within my "parkway area" (aka parking strip or road verge).  What is the best way to fight this?  
Note: 
-The trees have been there for over 10 years
-The trees are Crepe Myrtles (native to Texas)
- They are well maintained
- About 10 years ago they sent me a letter and when i pushed back they said they would be ok as long as i did not plant more and i maintained them (i can't find the ppwk)
- There are other Crepe myrtles in the HOA park way areas less then 200 feet from my house

Any advise is appreciated

Interesting.  Thankyou.

hello, If I am the owner and sell a property by owner financing it / carrying the note; can I still do a 1031 exchange?  For example, lets say that that I own property and buyer pays me $50,000 and i finance $50,000 over 20 years.  How is this handled?  Is this typically bad for tax strategy?  Please advise.

PS- If i take that $50,000 down payment and purchase a rental property with in 180 days can that be a 1031 exchange?

Hello, i know  this thread is from years ago.  Just wondering what you did / learned.  I am thinking about doing an owner finance as well.  It is more difficult to find info on the seller side.  Regard,

Hello!  I have a similiar current situation.  What ended up happening with this?