Mark Simpson
Section 121 - Partial exclusion of gain
I am trying to help a previous client avoid a healthy capital gains bill on the sale of their primary residence. Trying not to spell it out to them directly though out of concern of giving tax advice outside of my sc...
Gabe Larkin
Partial Interest and two deceased owners
I got a call today from a abandoned home lead via direct mail. The lady who is listed as the owner of record is elderly and on fixed income and said she could not afford to pay the taxes or keep up the house any long...
Stephen McMullin
Mortgage Notes: Partials & Foreclosure Rights
All-Can someone with direct experience comment on the nature of the rights accruing to the 'buyer' of a partial note from the 'seller'? I'm sure that all purchase agreements can be customized to suit the needs of the ...
Jeni L.
Dodd Frank implications in partial notes
Has anyone explored Dodd Frank implications in partial notes?If I buy a note, I can inspect the note for Dodd Frank compliance and request the note be restructured before assumption if need be.If I buy a partial note,...
Christopher Throop
Is a partial 1031 exchange possible?
Is it acceptable to plan on doing a 1031 exchange with only part of the profit from a real estate sale? Can I take a potion of the profit and reinvest it tax-free while using the remainder for another purpose (and th...
Jessica Sandoval
Partial loan repayment a good idea?
Dear all,
I am a newbie in real estate and would appreciate your advice. Here’s my situation: I bought a single-family house in France 3 years ago and the current balance of my mortgage is 120K Euros (16 years mortg...
Calahan Hempe
Partial ownership deal with Angel Investor
BP Community,Background: I am from St. Louis, MO, but while going to school in Colorado, I found myself doing handyman work for a vacation home owner. She told me about their portfolio of properties and talked to me a...
James Nix
Tenant Wants To Pay Partial Rent
Hi Everyone,I have a situation where my tenant texted me today (Which is the 4th-grace period ends tomorrow) & informed me that "she currently only have $500 for rent & wanted to know if I would like to take t...
Kristi Aliaga
Purchasing partial unit of multifamily properties
For investors that focus on multi family properties, I was curious if you have ever purchased 1 unit of multi unit building? I am new to investing and looking at duplexes mostly. It took me a while, but I am finally s...
Pinkal Shah
Zelle Pay and Partial Rent late
So here's the story. New tenant moves in last fall. I get first month rent on time and in full. Then next month, I get request to pay partial rent (75%) before grace period and rest if they can pay later. Medical bil...