Originally posted by @Laura White:Greetings!

If a $1mm property is depreciated halfway down to $500k and then exchanged for a $2mm property the basis in the new property should be $1.5mm for the $500k carryover basis and the $1mm excess over the original property. 

Originally posted by @Wendy Carpenter:@Alexander Felice, it’s actually a portfolio loan.

In doing so, I will not be reselling anything I will just hand over everything to my partner  (cash buyer) during the closing transaction but how can I do that if nowhere on the original P& S does it say I have partners (hence unable to put and/or next to my name).

Originally posted by @Doug Pretorius:@Danny Di Can't any flat fee broker just select "For Rent" instead of "For Sale" when they enter it into the MLS? 

Originally posted by @David Leroux:@Tim Schroeder RSS is enabled on Soundcloud. 

That's what I used to buy my three unit house hack, had never heard of it until the originator suggested it and glad I went that way. 

Originally posted by @David De Luna:My final contingency left is lending.

TIC that includes the shed (and what little yard there is) as a freebie...I'm taking the shed, my business partner will be taking the 1BR apartment to live in and oversee the short term rental that I'm looking to make the shed...Originally posted by @Amit M.

Originally posted by @Juan Alvarez:Before I even start looking at properties should see if I pre qualify on a loan correct?