I own a duplex in California in which I live in the top unit and rent the bottom unit to a tenant. The property is valued at about $1,000,000. The property tax is about $15,000 annually. To date, I have attributed hal...
I took out some equity on one of my investment properties in 2015 and I am going to use it to put a down payment on another investment property in 2016. Can I do a 1031 exchange for this transaction and, if so, do I s...
I have been hearing about squaters and how they can mess things up for a landlord/owner. How can we prevent that or how has someone successfully got them out of their homes?
Someone mentioned creating a notarized do...
I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...
Hello all First post! My firm is purchasing a MF property from this couple in their mid 70s-80s. They purchased the property in 1992 and are looking to avoid paying capital gains tax on the property. What would be the...
Hello everyone! I was sitting here wondering what’s the best way to do this. I’ve just completed my flip house and am walking away with a decent profit approximately $50,000. My question is what’s the best way to take...
This company is a bait and switch lender advertising one thing and then once you're in you are held hostage, ignored and financially penalized. DO NOT CHASE THE DANGLING CARROT. I am a LICENSED TEXAS REAL ESTATE BROKE...
I'll get straight down to the nitty gritty. This is going to be a long one so thank you in advanced if you make it to the end. This is a recent property I just cancelled contract on due to seller and I not coming to a...
Hey everyone how's it going ? I am new to the site and new to real estate I am actually not even an investor yet but that is what I want to be soon. However I have a question on behalf of my father. His dad passed awa...
What is your strategy for making sure the buyer can close on the deal?What are the ways I can protect from the buyer trying to go around me to the seller? In what other ways should I protect myself from buyers?