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2 September 2024 | 7 replies
For tax purposes, the IRS sees you and your LLC as the same entity, so transferring the title to your personal name typically wouldn’t affect the 1031 exchange deferral.However, to maintain the tax benefits associated with the 1031 exchange, it’s important to ensure that the property remains a rental and continues to be used for business purposes.
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26 August 2024 | 44 replies
agreed 76 to 80 dgrees is just fine with 110 degree weather..
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1 September 2024 | 5 replies
@Tyler BattagliaAsk the association if they have any forms or documents needed?
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31 August 2024 | 4 replies
Background:Miami-Dade Condo property.I am a first-time seller.No mortgages or loans on my property.Standard Florida Realtors Association / Florida Bar AS IS Purchase Contract.Buyer in default on various provisions and must proceed to purchase as a cash purchase, per contract, so there should be no financing related title charge son my end.Contract only lists the following seller/closing/title fees:A.Documentary stamp taxes and surtax on deed, if anyB.
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31 August 2024 | 2 replies
Let’s call your list associated professionals.
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30 August 2024 | 1 reply
Is there an inspection of some sort or do I need to ask the condo association for maintenance records?
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31 August 2024 | 11 replies
In my life outside of real estate, I worked in Information technology where I have participated in the creation of open source software as well as documentation published under creative commons. lots of license thinking to borrow from.It has always felt wrong to attempt to monetize everything associated with real estate investing.
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2 September 2024 | 12 replies
Another thing to realize is there are more (uncontrollable) risks associated with syndications.
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29 August 2024 | 14 replies
In other words, when the association responds that a certain amount is due, it is “estopped” from later claiming some other amount is due, because the parties have relied upon the numbers provided
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30 August 2024 | 7 replies
So he's saying he has had some degree of issues with his toilet since mid April but he never bothered to contact us about it.