Jake Daniel
HOA Bulling Elderly Disabled Man
I ran across this property in my search for RE to buy that had delinquent HOA dues. After getting to know the owner of the property I became disturbed by the tactics the attorneys hired by the HOA are using and agreed...
Brett Roach
Minneapolis Buy and Hold
Hi everyone,I'm a full-time student working on my PhD in biomedical sciences at the he University of Minnesota, Twin Cities. In my spare time, I'm looking to get started building a portfolio of houses to rent out for ...
Patricia Pretto
Getting property out of an S corp without a taxable event ?
I a seeking advice on getting my property out of an S Corp and into a regular LLC without triggering a taxable event. We do not have any basis in the S corp with which to take distributions.
Gilles D.
1031 and FIRPTA
Hi everyone!I am close to listing one of my properties that thankfully has appreciated a bunch over the past couple of years.A couple of things I was wondering about in regards to the sale of this property, I plan on ...
Keenan Steverson
Screening tenants - 3 times the rent - their Gross or Net income?
When screening tenants, income is at least 3 times the rent (traditionally). Is that 3 times their Gross income or Net income? I assume Net, but being a rookie, I don't want to make any assumptions. Thanks!!
Kaaren Hall
Financing Self-Directed IRAs and Solo 401ks in Real Estate Investments
Introduction to Real Estate Investment through Retirement Accounts
Have you ever considered that a Self-Directed IRA or Solo 401k could be used to invest in rental real estate? Surprisingly, many people are unaware...
Ryan Marchand
Professional Deal Analysis - Impact of Prepaids on CCR, Proformas
Situation:We're acquiring properties at a steady rate (2-4 per month) and I'm looking to improve our cash management. The ultimate goal is to reduce the likelihood of capital calls, while at the same time streamlining...
Hilary Tuttle
When to sell?
Good Morning, I have a question about when to sell. My husband and I have five SFH with a few paid off. When do you decide to sell vs buy and hold? We have a house we paid 85k, put in 10k, and have had it rented for 8...
Jack Victory
Selling Fractional Ownership in Rental Properties
Apologies if this is a topic that has been covered or is more appropriate in a different section but I am looking for information about selling fractional ownership in rental properties. Most of the information I have...
Mike Chang
Question on 1031 Exchange
Hi,
I'm thinking of doing a partial 1031 exchange. I'm hoping to just move the profit from the original property sale into the exchange, and then taking the original down payment out in cash.
Does a...