I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...
I have a SFH built in 1998, 4 bed, 2 bath, 3 car garage, single story in excellent condition in Antelope, CA. I owe $140K (Originally paid $175K in 2011) the ballpark market value right now is $420K ($280K spread). My...
Good Morning,Looking to purchased some more Real Estate, However don’t know which way to go due to the market in my area of south Jersey . I don’t know if I should try and flip a property or buy and hold . Looking fo...
I've read advice here on BP saying that it doesn't make sense to hold RE in a "tax efficient account" because you "lose all your tax benefits of RE". I find that puzzling and I'm looking for clarification. Sure you ...
I have a SFH that I have rented out for 9 years. There is quite a bit of capital gain on it (about 500K). I am thinking about selling it now that I am about to retire (and the market is high). If I make my this rental...
Soon I will have listed my duplex for sale in Boston Mass. House is valued at $650K and when all is said and done will walk away with $600K in cash after closing. I want to buy another multi-family closer to where I...
Seems to me, reading the instructions for form 990-T, that UBIT only applies to assets held less than a year. In the instructions for Line 4a—Capital Gain Net Income, the IRS says:
Generally, organizations require...
I've been an investor for a few years mostly acquiring rental properties. I started this year focusing on flips and have my first one listed for sale. I've heard it said you never find a buyer at an open house. They'r...
I would love your input and personal experience. I've decided to sell one of my rental properties. I've made some improvements to it and it will show really well and with the market being so tight, I think it will g...
I'm honestly not sure what forum category to post this so I will start here, and thank you in advance for any directioning and assistance. My wife's childhood home in the Philippines is now in her name and it is sitt...