Ed Ju
Can you amend the lease signed by property manager in the middle?
2 January 2023 | 10 replies
You also need to confirm and get copies of any other service contracts for the property such as yard or pool service, pest control, etc.
Brendan Scully
Selling to LLC for Capital Gains Exception
2 July 2019 | 6 replies
The authors believe this same rationale can apply to the Section 121 gain exclusion rules.Caution: If gain from the sale of the residence to the controlled entity exceeds the maximum Section 121 exclusion, the excess is taxable as ordinary income (rather than capital gain), since the controlled entity (related-party) purchaser will depreciate the property.Also, the S-Corp need to be funded to have minimum about of down payment required.
Michael Quang
Subject to Seller recourse
2 January 2023 | 7 replies
But I do see the way you have more control of outcome.
Marian W.
Newbie in Land investment looking for real estate agents
4 January 2023 | 0 replies
Land investment can be controlled remotely and has less risk.
Troy Welch
Tenants with marital issues - husband destroying property
3 January 2023 | 2 replies
Recommend she talk her husband into terminating the lease and moving out so you can get control of the property and she can move on with her life.
Joshua Matthews
NEW TO BP - hungry to serve, learn, and make money
3 January 2023 | 2 replies
Peace and prosperity in the new year to you, Josh
Omar Ruiz
13 Unit Apartment Complex - Where We Learned Some Hard Lessons
4 January 2023 | 2 replies
This was a lesson we learned - we could only affect what was on our property, so the fencing was essential to take control of the immediate environment and improve our street and neighbor next door.
Chris Babcock
Tenant Heat Preferences
24 January 2019 | 11 replies
Saved energy and provided better heat control.
Griffin Pratt
FHA questions for a rehab, hold, & rent? Private money better?
21 December 2022 | 6 replies
These are business purpose loans in which we lend to an LLC that you control and is less impactful on your credit.