
22 August 2024 | 8 replies
Assuming there is no C or S corp election in effect for the LLC, then real estate held in the LLC can receive a step up in basis just as real estate held outright can.

22 August 2024 | 18 replies
I heard some realtors say that they want to make sure that their customers do not have a bad experience more importantly than receiving a bonus.

26 August 2024 | 24 replies
As a result we sold the property after 3 years with a wrap around note in which we are receiving a 10% interest rate but paying on 4.5% resulting in an annual interest rate differential “profit” to us of approximately $25,000 per year for as long as the mortgage lasts.

24 August 2024 | 3 replies
It will be VERY interesting to see how these three factors influence existing home sales over the next 3 months:Seasonal slowdown (-)Mortgage rates dropping (+)Buyers potentially paying their own buy-side brokerage commissions (-)Average Number of Offers Received per SaleThe average home sold in July 2024 had 2.7 offers, down slightly from 2.9 in June 2024, and well below 3.0 in July 2023.

22 August 2024 | 1 reply
I received an application on Avail which runs an eviction report on TransUnion.

26 August 2024 | 28 replies
I have met very successful investors that take deep dives on NPN commercial notes and immediately go in and have one of their companies appointed as Receiver of the property and collect rent and maintain the building.

20 August 2024 | 6 replies
It will likely be more difficult to rent to a able-bodied tenants and much easier to rent to disabled tenants, possibly at a premium since it is (almost) ready to go.

21 August 2024 | 28 replies
If you wave the commissions and you ask for a reduction in the price to offset the difference of not receiving a commission it's still taxable.It's a rebate if a customer of yours receives a portion of the commission to offset closing costs during the transaction.

22 August 2024 | 15 replies
Some states do this, for example SC does this but allows the prior home owner to apply to receive the overage.
22 August 2024 | 1 reply
Has there been anyone who invested in monthly distribution ATM syndication and have not received distributions for the past several months?