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Renter moved out and the dog left his mark. I pulled up the carpet that was glued down to wood. It looks like the wood had been previously painted. I managed to scrap up the loose stuff and the bigger chunks of glue. ...
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This was my first auction and I was really excited. The property I bid on and eventually was awarded was purchased sight unseen. Upon visiting the property, I was horrified to learn that I had purchased a piece of la...
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does anyone know if you can use a 1031 exchange with property that was inherited from an estate. What can we do, to lessen th amount of stepped up taxes on the sale of the property that was in the estate.
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I'm talking to a seller of a 56-unit apartment building who wants $4M+ for it and it's not worth that because it's only 60% occupied and not run very well. If we can get it occupied and performing well, then it would...
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I have an opportunity to buy a mobile home community that does rent to own mobile homes. I don't have the $500K(20%) to put down for a conventional loan. I know I could probably go hard money but my concern is being...
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Hello Everyone, My wife and I are purchasing our first investment property (4-plex) that has a few minor repairs that are needed. However, due to us not having great funds to start out we need to do a 3.5% FHA lo...
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Hi guys, I might be confusing something...But if I understood correctly, it is possible to transfer from IRa that contains real estate into Roth that will contain real estate?Is that true? Or I misunderstood? What kin...
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I am closing on a 2 family with a great upside for creating a 3 family plus additional storage space for increased rent. The home has a large fenced-in yard with an above-ground pool that was installed in 2021 and inc...
Hello. I need to sell my home that I've rented out for the last 11 years to reduce my debt. It should sell for $875 and I owe $430. To avoid capital gains I would like to reinvest, without a loan. Can I do a 1031 ...
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Newbie question, has an application for a B class neighborhood where applicants income is right along border 3X with the new job they just moved ( a better paying). So asked for bank statements to verify 3 months of r...