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I have heard two different opinions recently regarding depreciation recapture taxes in a partnership. Let's say Investor A is part of an LLC with Investor B that owns an apartment building. Investor A is assigned th...
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We have a second home mortgage on a property we bought in 2020 - so it is past the 1 year mark, and using the 2019 Fannie Mae Second Home rider (As seen at https://singlefamily.fanniemae...)
We are considering doing...
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Does anyone have any experience with transferring a mortgaged rental property to a revocable living trust, where the trust is created by the current owner and is also the trustee. Does the bank holding the mortgage ha...
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My wife and I currently own a owner occupied 3 family. We live in one of the smaller units, 2 bedroom 1 bath. We have a spare room that i use as an office sort of. Its where i write off my expenses. How do I know if ...
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My tenant is breaking the lease and leaving early, and now he's bringing up how his kid is suffering from asthma. I feel sorry for the kid, but does the tenant have any chance in using that as a legitimate reason to b...
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Are you aware of any online forums for people who are severely allergic to animals and who want to find a vacation rental that is less likely to trigger their allergic reactions? I understand the laws about service an...
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Hey everyone-This feels like a unique circumstance, but I'm sure SOMEONE out there has experienced something similar. Welcoming any advice or ideas on the matter. I'm pretty new to the real estate game and am very ope...
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Good evening all,
I’m happy and proud to say after doing a lot of due diligence and research with the power team of me and my wife we should be purchasing a house(if the deal is right) within the next three months! N...
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Greetings, My wife and I are making an offer on our first multi family this week. We both have full time jobs and make decent money 100k+ combined. Our credit is well above 750 each. The loan for the $210,000 house wa...
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I’ve been curious as to how people are doing their lease option agreements.
I initially wanted to buy a property with hard money refinance cash out and do a owner finance to a prospective buyer. (wrap around mortgage...