I'm in a rough situation. I bought my single family house in December with the full intent of sticking it out and making this place my home. I began improvements, and started making friends in the new area. My heal...
Hello All,I am having my house inspected soon because I would like to know the weak spots in my house before I start on renovation projects. I got a decent quote from the house inspector that will be doing the inspect...
Hello everyone, I am trying to get somewhat of a plan together before I jump into this. If I have no business entity at all and buy a house in my name and do a flip, how would the capital gains tax hit me? Versus if...
Hello everybody, I am getting close to my firsts purchase in the Dayton area. Two questions for the experts there:1. What things you think I shoul give especial atention in the Inspection of the Property? 2. Any good ...
Hey all!
I hope all is well :)
When it comes to real estate investing, I've heard that many investors choose to form a two-member LLC with the default tax status as a partnership. However, I'm curious to know if it'...
I searched the forms but didn't find the info that I am searching for.We are selling a piece of property for 850,000. We currently own a building that has a loan of 325,000, with a recent appraisal of 400,000. Both of...
I was wondering if anyone could answer a couple questions about 1031 transfers.1. Does the 1031 transfer have to be for the complete sale price of the property, or can you take out your original investment and just tr...
Hello all,
I own a property in the city of Binghamton and have noticed a huge increase in my water bills. Normally they are around $200-$300 billed every 4 months but in July i got hit with a huge $1400 bill, which i...
Senate Bill SB 939 is being introduced in the California Legislature, which will seriously impact all our livelihoods. SB 939 is being heard tomorrow, Friday 5/22/20.
In short, it allows tenants to occupy property ...
Hello! My wife and I just began our real estate journey and our hopeful to do this full time. One of the things we constantly discuss is benefits and health insurance. I was curious if you guys have some feedback abou...