A 1031 exchange, also known as a like-kind exchange, allows taxpayers to defer capital gains taxes on the sale of certain types of property if they reinvest the proceeds into a similar type of property.

Private lending/tax liens/notes...

Hi guys, sorry if I am posting in a wrong forum (There used to be local forums, somehow I cant find those anymore)...Does anybody know, if I wanted to transfer a house into an LLC in Indiana, is there a transfer tax?

Plus you won't need to provide tax returns or paystubs, lenders will look at the return on investment of the property itself.

When I asked about the job times, they agreed to reduce the doorbell charge but held firm on 3 hours for the faucet because they claimed it took time to troubleshoot. 

Are you prepared for vacancy loss, taxes and insurance to go up next year, etc? 

Many times they will claim it's wonderful and then try to hide their worst deals by only showing completed deals.

I would rather have 4 Class A properties than 20 Class C properties (20 roofs to replace, HVAC, more tenant issues, property management fees, AC unit stolen, etc).Wealth from real estate is built on appreciation and equity - look at all the multi-millionaires in coastal California whose property values have gone up dramatically over the years and our property taxes increase 2% a year from the base value (Proposition 13) compared to other states whose taxes go up a lot.

What if one of you loses their job and can't pay their part of mortgage, taxes & insurance?

If you're thinking about out of state investing Reno, NV area is a great market and close to CA and all the tax benefits, landlord friendly, and low property taxes.