For any potential home buyer, a general inspection is of course a must. But upon doing some research, I see that some recommend doing more detailed inspections before closing such as: termite, radon, plumbing, ro...
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Looking through some duplex opportunities in Tampa, Fl and found one that meets the 1% rule and has room for forced appreciation...big downside at this point is that it’s Wood Fame instead of Concrete Block. With hurr...
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Hello all, I have about 3 weeks to nominate a replacement property for my 1031 exchange and am looking for a CPA who can answer questions regarding the tax liability when the replacement period straddles tax years lik...
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While I'm waiting for my pre-approval, I'm starting to look up fourplexes and simulating numbers on Excel, seeing which are a good deal and which are not from the MLS.Problem is that as a Canadian citizen but non-resi...
Hi Everyone,I have been doing a few rental properties in the past couple of years and I am now interested in investing in a multiplex. I am currently looking at an opportunity in the Lansing, Michigan Market.The multi...
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I have a tenant that is breaking her lease, it has been reported to me by multiple sources, not only does she have a service dog that was approved but she has a second dog. It has been reported by her neighbors that h...
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Hi everyone, in my last post I wrote about the tax benefits that non-real-estate professionals enjoy by investing in a syndication. There were some wonderful answers by Charles LeMaire and Roni Elias among others. It ...
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We are considering our next investment, and one of the things we've been thinking about is moving into multi-family / apartment buildings. There is a 5 unit building near us and I think the numbers are OK on it (not ...
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HelloCan someone help explain the process of using IRC Section 408 to buy investment property. I have some money in my mutual fund with Vanguard that i want to use for a down payment on a rental.any suggestion would b...
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I need to convert my multi-member LLC to a single-member LLC, is IRS form 8832 all I need?Appreciate responses, thank you.