Connor Allan
Can I do a 1031 exchange?
Currently have 1 rental property in my portfolio for about a year now and recently received an offer. If I accept the offer, my plan is to use some of the proceeds to pay off student debt (which will incur a capital g...
Jake Kucheck
Excess Roth IRA Contributions
Some holiday tax planning raised the following question:
Back in the glory days of yesteryear, when I had an Edward Jones guy, I unfortunately found myself overallocated in my Roth IRA, and attached to my return was ...
Jenny Cashin
Real Estate partnership gone bad: What is Fair Division Of Assets?
Hello,
10 years ago I bought a 4 suite building in Brooklyn with my best friend. We agreed at the time (verbally only, because we were best friends) that either party could get out of the venture after 3 yea...
Dan Robinson
Tax implications of moving property into LLC
So it's pretty clear (to me at least) that I should be moving properties titled in my name into an LLC based on the recently passed tax bill. They have been in my name for several years now. Are there an implications ...
Varun Parkash
10/1 ARM better than 30 yr FHA? 550k & 315k property
Guys, I have a 30 year - 3.75% fixed rate loan on 550k property that I am thinking of refinancing it into a 10 year ARM. Currently the loan has completed 2 years. Property is now an investment property for which the o...
Brian Kieser
Bed bug Clause
New Landlord, and considering a bedbug clause to the lease. Heard it is something good to get into the lease, and that tenant pays if they bring in bed bugs during their lease.Does anyone have a clause that they are ...
David Sisson
How to deal with expenses paid out of pocket?
Hi, I'm a new owner of a distressed commercial property. The property is owned by a LLC. I own the LLC outright. I've set up a separate bank account for the LLC, and am tracking all expenses through quickbooks.I've be...
Jerry D.
Late fees
When do you make tenant pay the late fee when you charge it? Do you let them carry a balance and pay by the next months rent? I am specifically speaking about single family. So if the pay the rent but it is late and ...
Greg C
3 day notice
so im giving a 3 day notice today friday,,,, so tuesday i will hit the phone book for an eviction attorney ,,, i guess they charge abt $400- 600 ,,,,at this point do you let the tennant make good or are they gone per...
Alon A.
Property analysis- hard money
Hey guys
I have people I know telling me that they invest on property with 100% on loan and 100% on rehab.
That they recycle money and just pay expanses of hard money lender. I wanted to understand how it’s possi...