I am meeting with a seller this weekend to discuss the purchase of a triplex. Since this is my first multi-family property, I really don't know what questions I should be asking or what information to look for aside ...
Hey BP!I am looking around for an accountant in the Portland/Vancouver area who has RE clients and can speak into how Private Money lending will be taxed. Mine seems to have taken a vacation :( Your help is apprecia...
I am loaning money to a company that buys, remodels, and sells homes. I am wanting to structure the deals so that my lender profits are capital gains as opposed to interest. Have I been successful?For example, I loane...
I'm considering a 1031 exchange out of New York to a property closer to my location. Does anyone know if states, especially NY, "honor" the tax deferment of a 1031 exchange? Or will New York immediately, or sometime...
Hi, we won a lawsuit against our dubious landlord in SF (I'm a landlord too) as the house was well below habitable standards in many ways and resulted in personal injury and property damage. Out attorney said that hi...
I have the opportunity to buy a SFH next to a property the trust I manage, for my family owns.Purchase price is 325KThe trust I manage has 200K cash available and is approved for a 175K interest only loan at 4.75%.Own...
Hi, maybe this scenario discussed before.i have rental property in Florida (via turn-key provider); i am thinking to sell it to join land development project local in CA and if there's extra gain, i will invest the re...
One of my investments went full cycle, but the sponsor sold the partnership interest in the properties instead of the property itself. As a result, the gain is reported on Box 9a (Net long-term capital gain) instead ...
My first flip is on the market. I am able to continue flipping but want to have a different strategy this time. I don’t want to tie up ALL OF MY CASH lol! Background: I owned this home for 2 years. However, It was not...
SNH dropped 20% today. https://finance.yahoo.com/quote/SNH?p=SNH&.tsrc=fin-srch-v1Oh the importance of buy limits. I've had my eye on this Senior Housing REIT for a little while. The dividend yield was 11%! I ...