
2 September 2018 | 1 reply
Assume an accredited investor and no securities law issues for simplicity.1) Homeowner pays for a legitimate appraisal.2) Homeowner grants the right to Investor to receive 10% of any appreciation above the appraised value when and if the house is sold.3) In exchange, Investor pays the homeowner an amount equal to 10% of the appraised value, with 20% down and the rest on an interest-only promissory note held by Homeowner.4) The note bears interest at Prime + 0% and does not have any origination fees or prepayment penalties.5) The investor gets credit for 10% of the eventual net proceeds from sale with the net being 10% of net sales proceeds less the remaining balance of the loan.6) If the investor defaults on the loan and fails to cure the default, the claim on the equity is forfeited.7) The homeowner remains fully responsible for costs of maintenance, insurance and taxes, but this is offset somewhat by the interest on the loan and the cash received upfront.8) Presumably if there is a gain beyond the homeowner's basis, there is no tax for now unless the proceeds exceed $250k for an individual or $500k for a couple.

11 August 2018 | 6 replies
Homes all around us began dropping prices, but it didn't lead to more interest, so we held strong at a higher price waiting to see what happened.

12 August 2018 | 8 replies
You will then report the information from the K-1 on your individual tax return.When you dispose of the partnership investment-the gain will be long-term if held for more than 1 year.If you have a loan agreement - you are lending money in exchange for interest.

12 August 2018 | 11 replies
Security deposits are owned by the tenant and just held by the landlord.

12 August 2018 | 17 replies
@Dan Trinh I know a lot of banks don’t like to lend to llcs because you can claim bankruptcy on an llc and I don’t thInk you’re personally held liable.

14 August 2018 | 9 replies
The reinvestment in the QOZ is completely tax free if held for more than 10 years.

28 August 2018 | 1 reply
This fee is normally held by the title company or the closing attorney."

6 September 2018 | 28 replies
Fackler [45 B.T.A. 708 (1941)] case, the BTA held that a (singular) rental is automatically a TB.

15 August 2018 | 22 replies
Sometime/some places the insurer will approve the claim, as they don't want to be held responsible by the next owner insurance for roof claims (there is a legal term for that, my roofer told me about all this), so it's worth to look further into this approach.

13 August 2018 | 11 replies
I have long held the belief that we as landlords have the opportunity to do good for humanity and good for our community.