Hi, I have some questions on 1031 exchanges that I need to know before I make my next investment decision and I'm hoping somebody can help me with. Here's my situation:I have two investment properties: A condo which ...
Long story short, I’m in a position where I want to sell a few houses to pay off the debt on my portfolio of real estate. I’ve concluded that my only real option here is to bite the bullet and pay capital gains. Does ...
I currently have 5 rentals (looking to grow) that are financed conventionally. That being stated, my lenders will not allow for me to transfer title into an LLC. Since I’m not able to transfer any of my 5 rentals into...
Does anyone know of any strategies to start winding down a real estate portfolio? I've had a good run and developed approximately 1.4MM in equity between nine different rental properties I have acquired over the years...
I’m looking to move out of the current "red ocean" of real estate wholesaling and focus on helping sellers with problematic titles, such as liens, divorce issues, probate, quitclaim deeds, etc.
All my previous high-v...
My father in-law has not been living in his house (primary residence) for nearly a year. My wife and I approached him to discuss buying it from him since it is simply sitting. The question I have, is there a legal way...
Can anyone recommend an accountant that is well versed in real estate as well? Someone who finds loopholes to avoid/defer ordinary income tax.
We're going to sell some building lots that we have divided off of our farm, and do a 1031 exchange with the proceeds. We'd like to pull at least some of the development expenses out of the sales money before we rein...
I have a property under contract in Cleveland Heights, the property needs a lot of work and I have a buyer for the property there are back taxes owed on the house and the buyer is aware. We want to quit claim the deed...
Here we go, I bought my primary residence in Feb 2013 and lived there until Oct of 15. I then received orders to move and have rented it out since. I have heard there is a 10 year extension for military to avoid payin...