I'm looking to buy an 8 unit apartment complex and I noticed how a majority of the tenants are older senior citizens. Are there any tax benefits or tax credits like section 8 that are given to senior communities if I ...
I've heard various estimates for closing costs, ranging from 2.5-5% of the property value to the $1500-$2500 that the BP calculator suggests. I'm assuming that all cash offers will be a bit cheaper than convention fin...
Is there an average price to pay for multi-state tax returns (3 commercial and 3 residential rental properties) in California? I believe I am being overcharged but it seems like a huge risk to search for and switch CP...
A friend @AlisonK8 and I are considering a 50/50 partnership where I would fund a greater portion (or perhaps all) and they would apply for the loan based on their credit score. Many questions arise - where to set up ...
I currently own 2 income properties and closing in on a 3rd. Properties are not owned by a corporation and therefore rental income earned and taxed as personal income. It is my understanding that real estate revenue i...
Anyone know of anybody in town (Las Vegas or Henderson) willing to open a bank account for a series llc cell? Banks like Wells will open one for the master llc but not the cells, so that won't work.I know the larger i...
Hi guys,I'm trying to help a relative here and I need your insight.She bought her house for 70k in the 70s, now the area is well sought after in SM and it's worth north of 3.2MIL....it was never rented and now that sh...
Hello everyone!I am looking for some help trying to wrap my head around the complexities (to me, anyway) of a partial 1031 with boot being pulled out. Here is the situation...Currently close to closing on the sale of...
I’m a 28 y/o female who just finished a owner occupied renovation using an FHA 203k renovation loan. I put 3.5% down, purchased the property at $110,000 and put another $110,000 into it. I’m estimating because of the ...
I know I might be opening up a real can of something on this thread but I need to get some advice from some commercial RE investors if possible. I recently ran across a rather unique biz op. I have a client that's bee...