Marshall Robins
How often does your Property Manager suggest/advise income opportunities?
18 December 2024 | 9 replies
I now monitor the owner's equity, return on investment, and other factors and then proactively reach out when they are ripe for selling, exchanging, or adding doors.
Victor Tofilski
Why is my unit still vacant?
31 December 2024 | 49 replies
Might it be smarter to offer a slightly lower monthly rent in exchange for a tenant who feels more content.
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.
Melanie P.
WARNING - Justin Goodin is Operating as Goodin Development
23 January 2025 | 30 replies
Following this exchange, and after a few more callouts from Melanie, you appear to have downgraded your account on BiggerPockets, and gone inactive coming back only recently to respond to Melanie's post here.
Adam F.
Anyone have experiencing using a quit claim in Chicago?
19 December 2024 | 12 replies
If no consideration is being exchanged, then all you would need is exempt stamps for State and county.
Maegan Quaife
To Sell Or Not To Sell
16 December 2024 | 1 reply
.- If I use a 1031 Exchange, does the next property also have to be a duplex?
Jacob Thorpe
Pulling out equity, HELOC, other stuff
16 December 2024 | 11 replies
The "cash-for-equity" program from QuickLoans appears to be a shared-equity or deferred repayment model, where you receive upfront cash in exchange for giving up a portion of your future equity.
Muhammad Kashif
Ways to optimize taxes on new investment construction (built for sale)
13 December 2024 | 4 replies
Then you can do a 1031 exchange or sell it at a lower tax rate.
Travis Smock
Cost Segregation Questions - Newly Aquired Property
13 December 2024 | 7 replies
That’s something you’d want to figure out through tax planning.Regarding the 1031 exchange, bonus depreciation doesn’t affect whether you qualify for one.
Sonia Vanegas
advice on landlord threating to void clause in lease and raising rent
16 December 2024 | 21 replies
The agreement reached was the landlord would lower $100 of the rent (current rent: $3100) in exchange for us to paint the two bedrooms.