I have 2 recurring charges - Rent and another for sewer and trash. They have paid the rent this month, but not the sewer + trash. I am wondering how to handle this and if a late-charge is needed.The lease states the s...

Hi @Mary Chen, If we are utilizing a 1031 exchange on the sale of this property the expenses you incur for repairs wouldn't necessarily fully translate to cash in hand at closing without potential tax burdens.

Vincent, Yes - you can do this 100% most of the time when someone utilizes a hard money or bridge loan it’s because they intend to do some deferred maintenance or repairs on the property.

They usually contain market data as well.I would also contact your local brokers and utilize their experience in the marketGood LuckGino

Peer to peer lending sites utilizing unsecured loans have familiarized people with unsecured lending.  

One being that you are only able to utilize the entity itself to roll the entirety of the proceeds into a new asset... which is not the ideal scenario. 

My thoughts are to have an investor that buys into the current equity ($200k / 2 = $100k buy-in) Home value is +/- $645k (++ golf cart and fully furnished) splitting the mortgage/utilities/upkeep expenses going forward (+/-$4700 / 2 = $2350 monthly) and split the use time of the home and all future profits 50/50.  

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

Keep making careful decisions and utilizing resources such as BiggerPockets! 

But I have used the MyFico site to improve my credit by myself, largely by paying attention to the utilization thresholds.