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8 October 2024 | 1 reply
Only the gain from the time you used the property as your residence qualifies for the primary residence exclusion.Happy to help look at or run through any scenarios!
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7 October 2024 | 9 replies
Can I ban smoking in the building, including common areas, mid-lease?
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6 October 2024 | 12 replies
Thanks in advance,JK You can share ownership with friends by holding title through an LLC, a 'tenants in common' structure, or 'joint tenancy' structure.
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10 October 2024 | 9 replies
Hey everyone,My name is Hadar Cohen, and I'm a new foreign real estate investor.I recently received a loan of $120,000 in my home country at a 6% interest rate, giving me the full amount needed to purchase a property in the U.S.I understand that it’s common practice to finance a property by taking out an 80% loan from a hard money lender at around 11% interest.
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11 October 2024 | 56 replies
I feel like one thing that I commonly hear when someone is house hacking and fixing up the place themselves is that it always takes longer than expected.
8 October 2024 | 4 replies
Idk the models but each will be separately metered and you will need a fourth common meter also.
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8 October 2024 | 7 replies
Once you move up to Multi-unit units you now add provisions upkeep of all common/shared spaces.
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7 October 2024 | 3 replies
and what are the pros and cons of either scenario?
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10 October 2024 | 11 replies
Steve: If you are going to bid on an Ohio Common Pleas Court foreclosure, the process is pretty safe because the foreclosing lender has to include a "PJR" which is actually a "Preliminary Judicial Report" which is a title report and include a commitment for title insurance should the bidder be successful and the property to be conveyed.This differs from a liquidation auction by a lender, private auctioneer, receiver (other than an actual foreclosure case) where you might be successful but the property has pre existing liens that don't get swept away by the foreclosure case.For your first one of these, get a lawyer to advise you.
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8 October 2024 | 5 replies
Thank you all.Tanya BRRR's are pretty common here.