Corinne Chalmers
How to find out amount of subordinate NACA agreementte
21 January 2025 | 2 replies
You can usually request this from a title company or look into public records in your county’s clerk or recorder’s office.If you’re not sure how to navigate this, contacting the auction house or a real estate attorney familiar with foreclosure auctions can help ensure there aren’t surprises.
Sharon Porter
How to purchase a property that the state take over?
25 January 2025 | 3 replies
Ensure the state provides a clear title upon sale.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.
Alex Hall
Subto FHA problem
20 January 2025 | 57 replies
Quote from @Zach Howard: @Ken M.Where and how can I most efficiently learn about subto in full detail?
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
Interview a few PMs, ensure they align with your goals, and stay involved by reviewing monthly reports.
Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
21 January 2025 | 4 replies
Avoid any self-help eviction tactics like changing locks.Maintenance: As a landlord, you’re responsible for ensuring the property meets basic health and safety standards, including working plumbing, heating, and electrical systems.Inspections: While there are no mandatory inspections required before renting, your property should comply with building codes.
Niklas Zhu
Cost segregation recapture on a teardown property
27 January 2025 | 2 replies
If a cost segregation study was performed, the accelerated depreciation may further reduce the property’s basis, potentially increasing taxable capital gains when sold.Depreciation recapture will occur when you sell the personal residence, so it’s essential to keep detailed records of all depreciation claimed while the property was used as a rental to ensure accurate tax reporting at that time.This post does not create a CPA-Client relationship.
Sol Romand
Convert medical office to residential
14 January 2025 | 1 reply
My plan would be to keep the front waiting room as a small commercial space and the back offices as efficiency units or studios.
Shayan Sameer
New Rental Property Purchase - Out of State
29 January 2025 | 27 replies
My goal is to ensure that I hit the 1% rental return per month.
Tom Server
I need some assistance , Not sure what to do, need money from my equity
29 January 2025 | 6 replies
I would consider selling one of the properties, paying off the debt, creating a reserve for your remaining investment, and ensuring you are 100% financially stable before you invest again.