Jason Meissner
Divorce and Home Sales When Is The Best Time and Capital Gains the Last 5 years
q1:If a couple could choose to sign divorce papers before or after the sale of the home is there a better choice? q2: Is the capital gains rules on living together the last 5 years strict. The state wants a separation...
Bette Hochberger
The Home Office Deduction for Real Estate Professionals
If you're a real estate professional, the home office deduction can be valuable. Here's what you need to know:1. Exclusive and Regular Use: The space must be used exclusively and regularly for business.2. Principal Pl...
Kyle Wifler
LLC - Multiple Agents
Hello,
My friend and I are looking at purchasing a multi-unit property under an LLC. We both have real estate agents. Is it possible for both agents to represent us under the LLC? We've both signed Agent Excl...
Vincent Sun
Homeowner insurance for Airbnb use case
Hello! I have a 3bedroom single family house that is used as an Airbnb listing, I had a Safeco homeowner insurance which my agent told me it can cover the short term rental. However recently I reviewed my policy and f...
Patrick Rafferty
Switching Rental Property from Personal to LLC?
Seeking help/advice for what the title suggest. Reading and seeing a lot of pros & cons for moving my rental property to an LLC, getting stuck with what I should do.
For context, I purchased a townhome in my pers...
Anthony Doss
Post COVID will single family take preference over multi family
Hi, Will there be a shift away from renters wanting to live in big apartment complexes and moving into single family homes due to COVID, or will the majority of apartment renters choose to stay and adapt?
Felipe Soto
Exclusive Engagement Agreement
Hi ALL,Thoughts on this. MM has an exclusive engagement agreement where 1% of total sale price is asked whenever this agreement is signed regardless if you use their recommendations for financing or you choose to shop...
Jake Andronico
Tax benefits - 1031 Exchange OR Section 121 exclusion on the same property...?
Accountants, CPA's and 1031 Exchange experts - this one's for you. I was discussing a scenario with my RE partner where a property could be considered a Primary Residence AND an Investment Property, which could potent...
Burt L.
What Are Other Downsides to a 1031 Exchange I Can Tell a Seller?
I've been speaking to a seller who relocated out of state due to work in June, 2011. He lived there for at least 2 years, so if he sells before June, 2014 he can avoid the capital gains tax. His current lease with ...
Jody Ho
Property management agreement
Reading a property management agreement for a 8 unit MF property, what is the reasonable management fee? There is also exclusive right to represent me when I sell the property. What is the typical brokerage commission...