Rachael K.
Legal to move into my 1031 exchange- Safe Harbor clarification- capital gains
5 December 2024 | 13 replies
Sounds like lower non qualified / qualified ratio is the way to reduce CGs and depreciation recap.Furthermore, 1 property is owned by my elderly mother and can future reduce CGs via step-up at passing (assuming current step-up tax law)Property 1 (CA Condo $800k FMV, $450k basis, 10 year owned as 2nd home, wife+I are owner)Rent 2 year in CA (24mo rule), 1031 to WA, rent 1 year before converting to primary residence for 5 year before sale.Is qualified use years 10 (2nd residence) + 5?
Rick S.
Capella Mortgage hard money lender in LV
6 December 2024 | 8 replies
Those I know in this deal are elderly, unsophisticated with trust deed investing, and relied upon Capella’s supposed due diligence.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
20 January 2025 | 48 replies
And everyone's situation is vastly different when it comes to taking care of elderly parents..
Jordan Sachs
Take my neighbor to civil court over dead tree?
9 December 2024 | 23 replies
Years ago, my elderly neighbor expressed his concern to me about our trees leaning towards his home and that he wasn't trying to be a pain.
Kristopher K.
Option for elderly duplex owner in state nursing home/ rehab, Medicare
22 November 2024 | 4 replies
Hi All,Have a friend who’s mom had a stroke and has been in care for the last appx 2 years. She has a duplex, one unit was owner occupied until her stroke; other had been rented until the same timeframe. Both units ar...
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
I have thought to physically protest outside of my elderly mom's home and gets news station to cover.
Eugene Lubman
Selling to a family member (or transferring to a trust?)
19 November 2024 | 5 replies
Your parents and you could probably use a really good Elder law atty in NY as well to look at how best to structure their ownership and passing to you.Nothing wrong with selling to a related party and completing a 1031 exchange.
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
Our society no longer views elderly as valuable contributors to society because everyone is expected to retire at 65 and wither away in a corner somewhere.
Jeremy Beland
How a Set of Doorknobs Nearly Cost Us a $25,000 Deal
13 November 2024 | 2 replies
The seller, who had inherited the home, wanted to sell and move in with her elderly father.
Marques Chisholm
My tenant is absent and I need help with this one. Please and Thank you.
12 November 2024 | 2 replies
This tenant an elderly lady who's on section 8.