John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
While I don’t suggest that the smaller type investor purchase and utilize “exotic” vehicles like foreign asset protection trusts, family limited partnerships with outside controls, or Byzantine or convoluted maze of ownership entities, the more simple strategies of using Series LLCs, self directed retirement plans, and paying off their home mortgage to the extent of the Federal BK homestead exemptions can insure that a plaintiff attorney never even considers going after them.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
We provide free medical coverage, free food, free housing, free cell phones, free internet, free clothing, free transportation, guaranteed employment for any/all who ask (salvation army), free furnishing of a home, free temporary housing, free shelters, free free free......
Ken B.
pro member for years
30 November 2024 | 0 replies
Hi, I'm a pro member and I've been away for about six months(medical).
Jessica Di Biase
Has anyone worked with The Realty Medics in Orlando?
20 November 2024 | 6 replies
How’s your experience with Realty-Medics?
Joe Mills
Pitbull Service Animal
23 November 2024 | 15 replies
Quote from @Joe Mills: You are exempt if you meet one of the following requirements:Owner-occupied buildings Properties with four units or fewer that are owned and lived in by the ownerSingle-family homes Homes that are sold or rented without a broker by the owner, as long as the owner doesn't own more than three at onceIf those don't apply, then you must abide by Fair Housing and you must make reasonable accommodations for people with assistance animals.
Dan McDermott
Got experience with mixed use in smaller towns?
3 December 2024 | 4 replies
The town granted the restaurant a temporary exemption based on the fact the business creates jobs, which would be reviewed with new owners or landlords.Another issue is mixed use is structures from another era and it's use had been grandfathered.
Brent Hindman
Keep Primary as First Rental?
4 December 2024 | 16 replies
Probably not much better time to try out the rental game and if it doesn’t work well, or we don’t like it we can still sell and keep the capital gains exemption.
Bryan Cavellier
Is it possible to 1031 Exchange in Different States?
5 December 2024 | 10 replies
Thus, you kick any capital gains down the road. 5) The best part of the law says that once it has been an investment for a certain number of years, you can actually move into it, and once you have owned it for a certain number of years, the capital gains you kicked down the road can be rolled into the capital gains that is exempt as your personal residence.
Orchid Djahangirian
New to real estate and looking to connect/get referrals for agents/lenders
8 December 2024 | 26 replies
Mooresville Flip and Capital GainsIf you live in the Mooresville property for less than two years before selling, you likely won’t qualify for the capital gains exemption (which requires living in the home for 2 out of the last 5 years).
Adriana V Alvarado
Invest in Bay Area California? Just starting Out
5 December 2024 | 22 replies
Condo convert this so you will separate the property into 2 APN's thereby, somewhat, making it exempt from rent control if done strategically.