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12 January 2025 | 6 replies
Sometimes, properties owned by non-profits have deed restrictions, zoning conditions, or agreements tied to their use.Tax Considerations: Non-profits often hold tax-exempt status, so you’ll need to ensure that taxes are assessed correctly once ownership transfers to you.Potential Public or Internal Scrutiny: If the transaction appears to undervalue the property or is perceived as exploiting a non-profit’s resources, it could lead to reputational risks for you or the organization.
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10 January 2025 | 8 replies
If the seller isn't responsive, then do like the idea of telling the tenant you tried, and see if they can get some free legal assistance from a tenant resource center.It is a good reminder as closing approaches to ask the seller to keep tenants updated on the pending sale and when ownership is scheduled to change.
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17 January 2025 | 21 replies
@Nathan Harden- agree about OH ....I went to school at Miami U and lived in columbus area for a few yrs ...many friends that still live there ......I live in Seattle proper ( near Magnusson Park ...also own 2 properties in Mason County ......father in law lives on close to 10 acres close to downtwon Medina so we will be dealing with figuring out the best thing to do with this as he gets older ( he is 83 now) ...stay in touch
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9 January 2025 | 9 replies
Seems like relationships are just as helpful as online resources.
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7 January 2025 | 5 replies
But if you know any other resources or great spots to get started, please share them!
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5 January 2025 | 8 replies
I've bought a ton of homes pre-foreclosure and at auction, happy to be a resource on that stuff, plus we just launched Bid Pirate, which is the one place online for NH, where you can see all the upcoming foreclosure auctions in one spot - you can learn a lot from the regulars at the auctions........ get after it, sister!
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30 January 2025 | 62 replies
As @Terry Ouimet said...when you start off a project (or anything in life) from a bad/illegal foundation, it will never be right2) Yes absolutely we need to bring back or start anew with a proper green card/work visa program so we can get all of the LEGAL help we need in this country.
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10 January 2025 | 22 replies
I have 8 properties that I have rented through section 8 now and didn't need any additional resources than the one freely available to he public from the housing authorities.
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9 January 2025 | 9 replies
If yu claim one it doesn't void the option to claim the other one.Provided you meet the IRS requirements for both, as a tax strategy, you could complete exclude a portion of capital gains under Section 121 and then defer the remaining capital gains under Section 1031 (@Dave Foster is a great resource for 1031 exchange). ..
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16 January 2025 | 23 replies
We have a tremendous amount of resources and expertise within the brokerage.