
26 January 2025 | 14 replies
File for eviction in court.There are many ways to skin the cat, as discussed in my book.

22 January 2025 | 22 replies
Definitely get with a qualified tax professional on this.

24 January 2025 | 10 replies
I would be very careful in working with a 1031 Exchange Qualified Intermediary that provides ("sells"0 replacement property solutions as part of their services.

21 January 2025 | 6 replies
This transaction involves the sale of your relinquished property through a Qualified Intermediary.

12 February 2025 | 27 replies
To qualify for non-recourse commercial loans through Fanny and Freddy you have to have equal new worth to the loan amount and 10% liquidity.

4 February 2025 | 9 replies
If your AGI exceeds $150K, passive loss limitations apply unless you qualify for Real Estate Professional Status (REPS).This post does not create a CPA-Client relationship.

13 February 2025 | 10 replies
In my experience, these are also referred to as "QM" and "Non-QM" loans ("QM" = Qualifying Mortgage)And as consumer mortgages, these loans are generally issued under the person's name with the underwriting based primarily on the borrower's DTI (Debt to Income) ratio.

3 February 2025 | 56 replies
He was the one who initially contracted the property and brought us on board as investors.We are deeply invested in this project and are looking for potential partners who can help us realize the vision we had for Corktown.

21 January 2025 | 6 replies
Quote from @Mary Jay: Quote from @Jay Hurst: Quote from @Mary Jay: hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get some cash out of it via Heloc or another vehicle, so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.IS there a bank that would give a HELOC/cash on a rental?

7 February 2025 | 22 replies
Selling may trigger capital gains tax, but if you lived there for two of the last five years, you may qualify for a Section 121 exclusion.