Hello, I've been somewhat successful creating a RE Business and looking to get into other ventures. My best friend asked to join my business, and he strives to be a entrepreneur. Knowing this, we worked out a 50/50 ...
Hi all,Nice duplex, stirred up some wasps when painted the exterior. Downstairs tenants say husband is highly allergic. So I throw them in a hotel for the night till I can get the exterminator there the next morning. ...
I have an opportunity to purchase a vacant land property that was owned by 3 brothers as joint tenants (no right of survivorship) I'll call them A, B, and C. A and B died and thier 1/3 interest in the property is le...
Can you do a partial 1031 and pay taxes on the portion that is not used?
We have a SoCal condo in an LLC that's valued at $500k. We owe $85k. That would leave us $415k profit. Could we take $270k to buy one rental...
I intend to sell my primary home in Brooklyn NY in April 2020. There is a long-standing 17 year encroachment of my extension 10 1/2" over my neighbor's property line. Please accept the fact that this is a TEXTBOOK cas...
Hello Fellow Investors,
So my wife and I own three properties. Two are LTR and one STR. Our STR is in downtown Dallas and is preforming very well. One of our LTR is in Plano Texas and cash flows $250 a month. Here i...
Hey Everyone!
Earlier this year (April) I bought a duplex for $49k with a short term interest only loan. The main reason I went for it was because I knew the rent more than covered the monthly payment and my mortgage...
Alright so I am going to do my best to describe my thinking as best I can here and hoping someone can give me some thoughts and maybe even improve on the idea.I want to purchase a property from my wife's parents using...
Hi, looking at doing a 1031 exchange; property being sold will net $545k; capital gain will be around $150k and I will end up with around $320k in cash. Let's say I find one replacement property for $320k that I buy ...
I could not live or rent my apartment for 5 years due to mold issue caused by the building. Building finally resolved and remediated it this year and now i am selling the property. Can it still qualify for 1031 becaus...