Ryan Thomas
Capital gains on sale of house after divorce
24 November 2019 | 4 replies
If you're worried about paying more in taxes on the disposal of marital assets, explain this to your attorney.
Reid Isaki
1031 exchange selling property closing costs
25 November 2019 | 9 replies
I'll ask my Qi.. i dont' plan on selling this next property ever so i'm not worried about taxable gains. a 1031 exchange should signify that i'm not going to be taxed on any gains since its' a like kind exchange.
William Coet
Deadbeat Dad Squatting in House For Free, But is on the Deed
26 November 2019 | 6 replies
Ultimately though, it sounds like the long-term solution is that they’ll need to file for divorce and have a court weigh-in on a division of their marital assets if they can’t come to an agreement.
Aimee Hamza
Owner does not want to rent to roommates
13 December 2019 | 7 replies
Several owner's associations had restrictions based on race from the earl 1950's still on the books well into the 1990s-2000s.Refusing to lease to "roommates" could be seen as discrimination based on marital status (protected class) or familial relation (protected class) or age (protected class).
Scott Robinson
Can 1 owner force the other to sell?
20 December 2019 | 21 replies
Even if it were separate property, H's estate owes reimbursement to the marital/community estate for part of the CP spent on SP (payments on loan, taxes, insurance, maintenance, etc) over the years because CP earnings paid for these itemsSub-2 won't work because dead H cannot sign/notarize docs required.Not my site, but useful chart: http://blairwells.com/helpful-...
Marc Arnaldo
Why is having a high cap rate risky and low is safe?
21 December 2019 | 4 replies
I think the big remaining confusion is that cap rate can be used to describe an individual properties performance (a 7 cap is the percent return you would get if you paid all cash for a property with no debt= 100,000 property yields $7,000 per year), but the cap rate can also be used to signify what return the market place will pay for a property (The going cap rate is a 5, 6, 8, etc).
Daniel Crouse
Where to form "Managing Member, LLC" which will be the "sponsor"?
25 March 2018 | 13 replies
The members of MM will likely be myself and my wife as we are going to make a marital property capital infusion to cover the costs of setting it up plus some minor working capital.
Long Nguyen
Is market correction a good thing?
7 November 2017 | 12 replies
New construction costs are higher and it pulls up all values of existing homes.Rapid growth doesn't signify a market correction, beyond the basic supply/demand balance.
Jeffery Rymer
Renting your own house?
8 November 2017 | 6 replies
(2) Lower interest rate for home owners (3) Slightly better insurance rate (4) Tax free capital gains tax of 250k to 500k depending on your marital status. (4) Itemized tax deduction benefit (5) You are your best renter!
Eric Li
Buy a house-hack now vs buy during next recession?
10 January 2018 | 6 replies
That usually signifies that the recession started 6-12 months ago and no one noticed until now (then).