Hi I'm Chris, from Dallas Texas. I don't have much in the way of real estate investing experience. Most I've done so far is 7 years ago I bought a fixer upper at a really good price owner finance that I planned to fi...
Scenario: Parent and child co-own a non-rental property. Parent lives in property, child is silent investor living elsewhere. At sale of property, a $300K profit is realized.
Question: Is full $250K cap gains exempt...
Hi, my fiancé and I are looking for a new CPA. Our prior one was just a generalist, and we didn’t feel confident that we were getting the best advice on our rental properties. She bought a condo in Oakland in 2021 tha...
Hello all. My neighbor is moving out of her house so that she can move in with her husband. They have been married for a while and have been maintaining two homes. They decided to let the one in my neighborhood go. Th...
I'm about to start assisting my cousin in probating his mother's estate. He hasn't been able to find a will but he is her only heir. She never married. I told him it's probably easier and cheaper probating it from sel...
Hi All,I am looking for a new PM company in Birmingham, and wanted to see if anyone had any recommendations. I own two properties there, and have been dissatisfied with the level of communication and follow-through fr...
Hello All,I have a SFH property with about 500K in equity and a VERY low interest rate in an appreciating market. The property cash-flows at about $1200 after all expenses. However, I have to purchase a new home, whic...
My name is Andre Alonzo from San Diego, CA. I'm married, 34 years old years old and have 2 toddlers. I'm glad to be a member here. Here is my real estate background:2004: Flipped a new construction condo at the to...
Hello, I'm 20 years old and I'm serious about investing in rental properties, but I just dont have a credit score or enough money to start with. I inherited a house thats paid off so I wont have any bills throughout t...
Hello out there!Late 2018: I am a home owner that is about to get married! Woohoo! Though we are very excited, we are also funding the wedding almost entirely. Coupled with that is the honeymoon and some debt from ...