I purchased a multi family in Los Angeles CA in 2013. The area was declared an opportunity zone in 2017. Now I'm wondering how I can take advantage of the capital gains savings retroactively if I sell. Any advice?
Hi all,
I need help filing a complaint against my current PM who's not wiring the funds to my account. His company is located in Cleveland Ohio. I've tried calling some numbers but weren't successful. Most just ask...
My cousin and I started a corporation, NBD Investments Inc., in order to do our investing through the company. We are about to open a bank account and build the credit.
My question is if we would be able to get a lo...
If I sell a house that was a rental for 2 years, can I use the profits to purchase a personal residence (without a capital gains tax)?
Rental House: sell for $200k (gain = $50k)
Sell through a 1031 exchange?
Purchase...
Hello! I am looking for a CPA familiar with both real estate syndications and short term rentals. Does anyone have any good recommendations?
Hello, I have 53 units so I'm not a rental newbee but I've never done a 1031. I'm looking at selling a SFH rental and replacing it with 1-3 Multi family properties. I have a good lead on a facilitator, actually my law...
I am new to real estate investing and was wondering how involved I should be with an accountant to help with specifically taxes, I have a partnership LLC and wasn't sure how to file taxes. Thanks for any feedback.
Hi, I'm a new investor from Connecticut looking at buying turnkey property in Memphis, TN. I have a few specific questions and would greatly appreciate some advice. 1) Legal - I want to set up an LLC before investing...
I found an accountant I like in my area. After reviewing previous years taxes he gave me a quote. It’s 1,675.00 up front plus another 100.00 a month maintenance. Is this a normal type of fee for this service?
How do I find a GOOD property manager. What questions should I ask? Where should I look? How do I know he/she is trustworthy?
The reason I ask is because I want to be as hands off as possible so much that I do not ev...