Eliran Michaeli
Investing in a single family in TX area as a first investment
Hi to everyone,
I am interesting to start investing in TX area (in the cities close to the Mexican border).
Is it a good area? I saw some interesting single family houses (newly constructed) in the range of 200-300...
Molly Jacobsen
Sell primary home to LLC for Bus Econ Purposes + Section 121
Can I legally sell or transfer (which is best?) my primary home to my LLC (that already contains 11 uniits) without losing my Section 121 benefits (capital gains exclusion)? Lived in home 2 of last 5 years. Now conv...
Bill Exeter
The Housing and Economic Recovery Act of 2008 Amends Section 121
The Housing and Economic Recovery Act of 2008 includes a provision that modifies Section 121 of the Internal Revenue Code, which is often referred to as the 121 exclusion.
The 121 exclusion allows a homeowner to ex...
Amy Muir
Backing Out of Deal during Covid Crisis
My husband and I went under contract the end of January for close date of March 31st to be our primary residence. We have financing in place and all was well until the Covid crisis halted everything. I am now worried ...
Mary Derman
Preparing for the future
An economy recovering from a recession, crippling student debt, and an overly competitive job market are just a few of the things to list when naming the struggles millennials are facing in their early lives. Never be...
Edward Saavedra
Property Marketing Process
Hi,
I'm new to real estate and am curious about the overall process of marketing a residential property that is being listed. What steps do you generally take to market and do you usually do each step yoursel...
David Ivy
Austin Market Report - January 2024
The January 2024 market report from the Austin Board of REALTORS® shows that the median home price in the City of Austin fell by 2.8% over the past 12 months to $534,500. However, that is around 4.5% up from just last...
Andrew Yip
Palmdale/lancaster CA during downturn
Hi there,Just wondering if anyone has had any experience with rental properties in Palmdale or lancaster area during downturn /recession.What happened to your current tenants? how's the rental situation during that t...
CJ Moulton
How do investors prepare themselves for when the market goes down?
Hello All,For the last year or year and a half I have been hearing people (in person or online) saying that the housing market is bound to crash, with the inflated prices of most homes going down significantly. But th...
Marcia Maynard
LLC holds real estate and partner wants out.
We have a family partnership that owns two rental properties (a Single Family House and a Duplex). It started out as a simple partnership in 1995 (Dad & Mom, #1 Son & Wife, #2 Son & Wife). After the unexpe...