Which does NOT describe a real property interest for a limited period of time?
A-defeasible fee estate
B-leasehold estate
C-life estate
D-life estate pur autre vie
I answered A, because the time is not limited as...
Hi BP community. I searched in the Tax and Legal forum, but didn't see this question answered specifically. I am trying to determine how lease option up-front option fees are taxed. My understanding is that they are r...
Hi BP. I keep seeing the term “depreciation recapture” pop up in my research, and it sounds like a b!tch. How exactly does it apply to real estate investing and on what types of real estate deals would you encounter i...
Has anyone experienced a huge spike in property tax after transferring your investment property to a LLC ? especially for investment properties in NYC for those who are familiarThanks
I have the opportunity (and cash) to lend 33K on a mobile home that is worth 37K. I would have a promissory note recorded to guarantee the payments from the homeowner who will live in the home.The deal would be for 9...
I have a non-residential rental property that I leased out last year and I am filling out Form 4562 for figuring out MACRS depreciation(39 years MM, SL). I assume the basis for depreciation does not include land. I ...
I just started wholesaling. On a small scale, I can go drive and see the house. This is really the only way to get an accurate assessment of it's condition. But if I ever expand and am sending out 50,000 letters/month...
Hi everyone!I'm trying to bid on this foreclosed house on Xome.com but they have a clause that says "Buyer will need to agree to signing a Hold Harmless. Buyer agreeing to leaving as an exception on title. Adverse Pos...
My question for all of you guys is that while some of you guys are investing in multi units that provide a rent income of 10-15% return. My question is why not invest all this money to Real estate investment trusts? M...
We are syndicating a property and we wanted to see if 1031 intermediaries are legally allowed to suggest deals to their clients. If so, what is the typical commission that a syndicator would pay them for the service? ...