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10 October 2024 | 2 replies
The owner agrees to pay the violations but I'm responsible to do the necessary post work which is to either remove the garages completely or bring them up to code.
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9 October 2024 | 3 replies
Quote from @Ron Bar: Hello everyone,I’m new to real estate investing and considering Sacramento for my first property.
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9 October 2024 | 3 replies
SB 567 clarifies that a tenant is not required to vacate the unit on any days where they could continue living there without violating health, safety, and habitability codes and laws.
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12 October 2024 | 54 replies
I'll see you at the espresso bar 😆
10 October 2024 | 0 replies
Local mobile home movers may follow current local codes—or they may not.
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21 October 2024 | 176 replies
I will say the cheapest suburbs I mentioned have an average selling price of 200k--depending on the specific zip code, it might be as high as 400k (I don't know off the top of my head).
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10 October 2024 | 2 replies
Section 721 of the Internal Revenue code allows an investor to exchange property held for investment or business purposes for shares in a Real Estate Investment Trust (REIT) or an Operating Partnership without triggering a taxable event.Many investors are aware of a 1031 Exchange where an investor must find a replacement property to defer capital gains taxes on the property that was sold.
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11 October 2024 | 10 replies
The reason you have to obtain this special type of financing is because the tax code provisions (IRC 4975) do not allow you to personally guarantee debt that your IRA or Solo 401k takes on. 2) It was referenced above UBIT, which is a special tax on the portion of the after expenses and depreciation, that is attributed to the debt financed percentage of the property.
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9 October 2024 | 8 replies
It's important to do your research and know the current laws. https://law.justia.com/codes/m...Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.
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8 October 2024 | 15 replies
I do not give the code or address out early, for the same reasons others have mentioned.