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12 February 2025 | 20 replies
That is my focus when I set up loans for clients- and I will go whoever is going to slow to meet the deadline- appraisers, lawyers, etc.
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22 February 2025 | 2 replies
If he's willing, contract for deed (installment sale) might be another seller-financing route.
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22 February 2025 | 0 replies
Your painters will save tons of time from having to cut in walls and tape off trim.
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17 February 2025 | 0 replies
We will probably pivot one or both to be long term rentals.
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13 February 2025 | 9 replies
However, when the new owner sells, they will owe capital gains tax based on their share of the basis.Given the complexity and IRS scrutiny of 1031 exchanges and drop-and-swap strategies, consult a CPA or attorney specializing in partnership taxation to ensure compliance and maximize tax savings.This post does not create a CPA-Client relationship.
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15 February 2025 | 1 reply
If you have a $400k duplex and you live in half and rent halfOr if you have a $200k rental property Your deductible rental expenses will be the same.
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4 February 2025 | 17 replies
But that frustration will kill you.
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6 February 2025 | 13 replies
Let her sell it as she won’t have a taxable gain which you will have if she gives it to you and you sell.
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7 February 2025 | 1 reply
At a high-level, I'm looking for a single page that will show the entire health of the property, from income/expenses, to debt coverage, capex, ROI, etc.
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5 February 2025 | 6 replies
Usually prospective tenants that agents bring to showings will be more qualified to rent in my experience.