Abhilash Joseph
Least amount of time to vacate
Dear BP,After months of stories and email exchanges, my tenant has offered to move by thanksgiving. She has been no-paying since May, due to various reasons. What is the shortest time i can ask her to vacate by? Any a...
Lynn Z
How to 1031 1/2 of sale of real estate
A CPA (QI) told me you can roll a 1/2 interest in real estate if the partner doesn't. How does that work? The replacement property would only have to be 1/2 of the sales property amount of the relinquished property?...
Alyssa Esquivel
Sample Estoppel Letter
Hello BP members! Does anyone have a sample estoppel letter they'd be willing to share? I am purchasing a duplex tenants in place. Thanks in advance!
Victoria Dransoff
Thoughts about this??
I currently have 15 rental units (combo of SFH and multi) and today will announce my "retirement" at my J - O - B. The question I have is about using 2-3 SFH valued at @30k each to do a 1031 exchange and take that mo...
John Lee
1031 exchange or pocket the gains?
Hello BP community:This is my first post so bear with me. I have done REI in Dallas for 5 years and I am currently selling a duplex netting over 100k having held the property for 3 years. In this current RE market (e...
Mike Fitzpatrick
1031 in MA
Hey guys,
I feel like I've asked this question a million times and the answer is no. But I want to minimize my tax burden on a house I am in the process of flipping. I am only planning to hold the house for 3 months...
Mike B.
1031 Reverse Exchange
Hey BP: I'm a little foggy on the step by step process of performing a 1031 reverse exchange, and I'd appreciate some feedback. Here's my situation: My sister and I will be joint-venturing to purchase a commercial ...
Ricardo R.
Master Lease Option Apartment Building Purchase
Hi everyone, I am looking to purchase an apartment building and after much searching I have come across one in which the owner is willing to do a Master Lease Option on. Here are the terms: Purchase price: $335,000Dow...
Isaac Lane
Partnership Vs Joint Venture Vs LLC
I currently have 4 doors and working on scaling my portfolio. I'm noticing that it's taking me longer than I would like to save up capital for my next down payment and decided that partnering on deals would help me sc...
Selina Chambliss
1031 Exchange For Retroactive Purchase?
Hello,This question is probably a stretch. We are getting ready to sell a rental property in a couple months (waiting for the lease to finish). We would like to do a 1031 exchange to purchase a multi family property. ...