Security deposits have to be held in an escrow account disclosed to the real estate commission which requires a yearly report and all leases need to disclose your license information.

If you do find that the costs to maintain the investment property are too substantial and you'd rather sell down the road, it would qualify for a 1031 exchange since the property was held for investment use.

Regrettably, after eight protracted months, my case was converted to Chapter 7 due to insufficient equity.Ironically, the trustee swiftly secured a buyer for all the properties that were to be sold to STOA/FlipOS—this buyer being Farraway SG, the same entity that acquired the loans held by STOA USA during a time when they were laying off employees and leaving us in a difficult position.STOA never officially filed bankruptcy.

I was very happy with the process and the site as it held my hand through the transaction, along with the seller as it was my first note transaction (thanks again JB).

To meet like-kind exchange requirements, the replacement property must be held for investment, and your son living in the home may raise IRS scrutiny.

Vaughn’s term of office as Director is 5 years, and she has held that position for 2 years.There are no formal or informal arrangements or understandings by which Ms.

Then add a couple investment properties to be held in title by one LLC together.

Where most people get held up is believing they can do it.

I assume that since you're waiting until 59.5 that at least a decent bit is held in retirement accounts and you're hoping to avoid early withdrawal penalties.

I've held my license since 2023, but I only dabbled in joining a residential brokerage (mistake, there were several reasons I did, but hindsight is 20/20).