Abel Curiel
Motivated Seller with a legal/wholesaling question...
Good Evening,I have a bit of a legal issue on my hands at the moment. I, along with 2 other co-borrowers/co-owners, own a property which I DESPERATELY want to either sell or get bought out of. SituationMyself and 1 ot...
Tyler Faison
The legal side of an equity partnership
I’m looking at going into a deal with someone that already owns a piece of property. We are essentially supplying the tenants in exchange for equity in the property as opposed to a percentage of the income. We have a ...
Eric Long
Legal Definition of a Bedroom in Indiana
I am looking at a duplex with a 1/1 on the main floor and 3/1 on the top floor. When I was on the top floor I notice one room only had a space heater for heat, which I thought did not qualify as a heat source. Another...
Christopher Phillips
Emotional Support Animals - Legal Tip for Agents
RISK MANAGEMENT - LEGAL TIP - FROM THE LIMLSSERVICE ANIMALS AND EMOTIONAL SUPPORT ANIMALSEven landlords with a no pet policy are required under the law to make reasonable accommodations to allow persons with a physica...
Brooke Contreras
Legal advice in property with multiple owners.
Interested in purchasing a family property in Kansas City, MO. The property was left to multiple family members (upwards around 10). Taxes are up to date, but the property is starting to become condemned ie: leaky roo...
Marguerite Wagoner
is the scenario I discussed even legal?
In 2016 I sold my home utilizing a broker. She sold the home so everyone made money after the sale she asked if it was ok for her to use some of the money for court costs with the understanding that the loan would be ...
Susana La
How to legally structure lease purchase option
Hello all, I have a house rented and may want to sell in a couple of years when the values rise some more. I have a long term tenent who may be interested in buying this house that's currently rented to someone else....
Joshua Gordon
Girlfriend has issues with legality of Wholesaling
My girlfriend is a licensed real estate agent (dealing only in rentals) and is dead set against wholesaling. She keeps telling me that it is illegal, that you can only do it if you are a licensed agent. How can I sh...
Stephanie W.
Tax and legal implications of 5+ units
I have a six unit under contract. It is my first 5+ property. I have two duplexes and four single families and manage them all myself.Are there different landlord/tenant laws that only kick in once 'commercial propert...
Mindy Jensen
Looking for creative, LEGAL, tax avoidance ideas
I may have the opportunity to purchase a 4-plex in my desired area. When I spoke to the owner on the phone, she expressed a desire to avoid capital gains taxes.She has owned this place since 1975, when she paid $67,00...