
14 March 2024 | 7 replies
Last year, it was easy to access the site even though im not in the US.

12 March 2024 | 8 replies
Lessons learned for the next tenant to include an early lease termination agreement to actually write out what the consequences will be for example one or two months rent plus security deposit etc.

14 March 2024 | 9 replies
@Priscilla RodriguezI'm a full time real estate investor in Orlando for the last 10 years; I use Southeast Professional Title in Maitland, FL.

15 March 2024 | 14 replies
Did a cash out refinance last year and started missing payments 3 months ago.
13 March 2024 | 70 replies
I have attended Pace Morby seminars and seems like a profitable risk, but worried the legal consequences would exceed the "sub to" profits and compromise my license.

14 March 2024 | 16 replies
I sold the house last July and my account says I'll owe on the gains of all 3.

14 March 2024 | 5 replies
So while you may not see a gain in value over the next two years, over a 10-20 year span you would typically see excellent growth.Also unlike the last five years where operationally the operator could be awful but saved by appreciation, today it is all about the asset management.How can you reduce costs, are there ways to add amenities to increase rents.

12 March 2024 | 6 replies
Otherwise, what you are asking would be similar to me refi'ing a property of mine and your friend telling escrow to send the money to your friend instead of me.Remember, the property/cash is under the ownership of the LLC now.To "get the money out," you would do an "owner's draw" for which there is no tax consequence.

14 March 2024 | 2 replies
See if you can talk to the utility provider to get an estimate for the last 2-5 years of usage for the building.

13 March 2024 | 7 replies
She wants to give me her house and move into a senior citizen home@Dana N Johns: Just a couple of thoughtsTalk to a real estate knowledgeable, CPA, not to your standard CPA and not to unknown investors on some forum in the ether for a matter like this.Now, if your mother has lived in the property for two of the last five years, she is entitled to a tax break on capital gains if she sells or if the title changes hands (basically sells using creative finance).However, if you inherit the property, there is a tax advantage to you in terms of stepped up basis and capital gains and a tax advantage to her from incurring capital gains if she is outside of the “two of the last five years” window.As far as the Medicaid situation, that is best explained by a CPA or tax attorney or Enrolled agent.