Lara N.
Long-term consequences of allowing a smoking tenant
Hello everyone,I own a one bedroom condo in a desirable neighborhood & I will be leasing my unit very soon. I already had an interested prospective tenant view the property & he's quite interested.He has a sol...
Reese Shulman
Potential consequences to self-managing your rental properties.
Self-managing a rental property can lead to a variety of issues for inexperienced landlords, especially if they reside in a different state then the rental property. Hiring an experienced property manager who regularl...
Leah Lee
tax consequences of selling primary residence with larger
I am currently seeking information on tax consequences of selling m primary residence. I know the $250/$500k rule after two years but I am trying to find out if you reinvest the gain that exceeds that into your next p...
Ram Chandrasekaran
Credit Score and Credit Consequences of Short Refi?
Team
I am trying to understand how the Short Refi affects the Credit Score once everything's a done deal. Here's a hypothetical situation. Any insight is Greatly Appreciated!
- I short refi for 'X' amount the Lender ...
Bjorn Ahlblad
Tenants who do not understand that actions have consequences
Heartwarming and happy and tragic all at the same time https://www.bloomberg.com/news...
Jin Zhang
Consequences of violating the owner occupancy rule for ADU?
Hi everyone, I found many information about illegal ADU. But What are the consequences of violating the owner occupancy rule for ADU built before 2020? Has anyone heard anything? Are there a lot of lawsuits against it...
Anita Ortega
What are the tax consequences when refinancing income property?
I own income property in California. I’ve refinanced property in the past and was able to write off the interest. What are the tax consequences in today’s environment? Is it worth refinancing?
Chris S.
What are Tax Consequences of Selling my Investment Property?
This is my second post, so forgive me if I don't provide all the necessary useful information for you all to help me make this decision. I bought a Two Family south of Boston in 2006 for $385K. It was in bad shape an...
Ryan Hutchins
Selling a Rental Property within year! Tax Consequences, etc.
Hey Everyone!My partners and I built a rental property for $350,000 and have an opportunity to sell it for close to $750,000+ based on comps in the surrounding area for the last month. Construction started in February...
Gene Chen
Tax Consequence - Transfer to Single-Member LLC in California
Any BPers have experience with this?Considering transferring a property with no debt into a single-member LLC in California. It will be structured as a capital contribution, so no value will be exchanged and tax basi...