Clyde Boswell
My mom is selling her single family home!!
Would love to get some advice. My mom is getting ready to sell her home. I tried to advise her not to sell but to rent the property out but she still believes selling is her best option. Her goal is to sell the proper...
Matt Joplin
Structuring a Deed and Note to Streamline Future Refinance
Hi Everyone,I am looking to restructure an agreement with a private lender so that I can Refi in the next 6 to 18 months and hopefully do a "rate in term" refinance instead of a cash out refinance. I have a private l...
Joshua T.
Delegation of authority for acquisitions and sales
I am looking to form an LLC in Florida for my new real estate business. I do not live in the State, but I have a close family member who does. Since my job requires me to travel often, I would like this person to be a...
Michael Zagorsky
Calculator for Phase Out of Schedule E Passive Losses 100-150k?
Does anyone know the math of much losses are allowed for Schedule E if your AGI is between 100 and 150k? I have about 11k in losses and want to do the figuring of much much to contribute to a IRA/Solo-401k with regar...
Jason Malabute
accounting question- bookkeeping
Many investment firms bought interest cap rates last year when they purchased multifamily properties last year in response to the increasing interest rates because they use variable bridge debt. When the variable rate...
Raymond Hill
Carrying Costs and Estimating Repairs
Hello Everyone,I was wondering what my fellow investors use to estimate costs. For instance carrying costs. In addition, how do you get better at estimating repairs when you first walk into a property?
Account Closed
Massachusetts Attorney
Hello all,Can anyone recommend me a knowledgable attorney in Massachusetts for setting up a LLC/Series LLC with anonymity trusts?
Jeff M.
Tax issue questions about selling an investment property with owner financing.
I have a property I'd like to sell. Owned for years, no mortgage, and fully depreciated. I have a buyer with an interest to purchase the property with significant $ down, and for me to owner finance.How will my long t...
Ali Mol
Question about Treating the Credit in a Lease-to-Own Agreement
We signed a lease-to-own contract for 60 months. At the end of the term, we are obligated to provide a $100,000 credit at closing toward the purchase price for the buyer/tenant. This credit amounts to $1,666 per month...
William Coet
Seller Financing and Capital Gains. Are they not applied or just deferred?
Trying to spell out the benefits of seller financing to a seller. Any suggestions are welcome.
Info: Seller owns the multifamily house outright and has owned it for 40 years. They will be facing a capital gains pa...