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Recently bought a multi family in my home town of Port Elgin, Ontario (duplex house and two cottages). The two apts in the house share a water heater. If anyone turns on hot water on either side while you're in the sh...
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Hey my friends, looking for your thoughts on this scenarioI just purchased a property here in SD with an addition on it. No permits but it’s been there for about 20yrs. Sdge is doing a utility project in the area, and...
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If I have a LLC that is registered in another state (Indiana) that I want to put a house in Chicago into. Do I need to apply for an Application for Admission to Transact Business to register the LLC in Illinois? Thank...
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Or would the loan be called due? What if you quit-claim it to the co-owner and remove your own name off the deed?
I need ways to hide an FHA property from a possible personal lien. I guess refinance could be an opti...
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Hi all,First, than you for taking the time to read and help. I manage a 4plex in Palm Beach County, FL. All are 3 beds/1 bath. One of my tenants (the best one) is complaining that two other tenants have 8-10 people ...
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Appreciate any advice on how the following scenarios would work out for a new construction project, for a single family home using 1031 funds:1. Start the project by buying vacant lot with non-1031 funds2. At the tim...
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BP people,
Do any of you out there have any success or horror stories about pulling out of 401Ks and using those funds as self directed? Or, am I considering to purposefully step on a land mine and blow my nuts off w...
I have some buyers that have fallen in love with one of my houses, however; they have an FHA loan with a seasoning requirement. I don't know much about conventional loans in general (I usually only deal with cash buye...
We recently created our LLC using a company called Inc. Authority and as part of their package they included a complimentary consultation/overview of tax requirements to be aware of, especially geared at newbies like ...
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This past spring I purchased a home that my disabled son is now living in. Because things came up very quickly, I took title in my name only, which means that I have to pay tax on the rent he is paying. Given that I s...