Scenario:1 commercial prop owned by 5 peopleGoal: sell it to me but they each want to split proceeds AND use 1031 to go buy individual props.problem: not doing a single like-kind exchange it looks like they can't spli...
I am about to buy a property (or 2) in PA for rental purposes. I have a NY LLC which I created for a NY deal that didn’t happen. Is there any reason I should or should not use this current NY LLC for purchasing my PA ...
I own a rental with 4 rooms and hallway in the basement. The 4 rooms had carpet glued down and the hallway was 20 yr old black tile. I ripped it all up and I'm debating what to do. I will be renting to College studen...
Hi All,
I'm looking for help as I've been receiving really contradictory information after several CPA consultations. I'd love some advice or Real estate specialized CPA suggestions.
Context - I recently bought a pr...
I have a house I purchased under an LLC and I plan on dissolve the business and I’m wondering what’s the best way to get the house out of the LLC?
Hi,
Need some help from my fellow Utah agents: my non-MLS, license-parking realty that I was attached to just dissolved. I used it to collect referral fees for the real estate match-making part of my career.
Do any ...
BP,
I’m looking at an 8-unit deal in the Northeast that was historically a non-profit co-op with tenants already in place at substantially below market rents. The broker mentioned that the co-op will be dissolved up...
I recently came across a property that had an LLC as the current owner on the deed. (Texas). I tracked down one of the directors and he was surprised to learn the property was still in the name of the LLC as he and ...
When the land becomes factors more valuable as commercial land than staying residential restricted, are there land developers experienced in breaking up property owners associations to turn the land commercial? If s...
Do these really do anything or is it a waste of money? I've been told you can flush them down the toilet every couple of months and it may help the tank to break down solids.