Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $79,000
Sale price: $265,000
Great use of owner Holding house and investing 50% of Reha...
I recently sold part of a property held in an LLC as a disregarded entity. I am doing a 1031 exchange with the proceeds and I am wondering if it is a problem to buy the new property under the same disregarded LLC? I s...
If a person is on title jointly with a spouse and their spouse dies, can the surviving spouse keep half of the equity after the property is sold if the deceased spouse owes more money than the equity remaining after a...
Hello BP, I am interested in learning from investors what their preferred business bank is. My company is getting started in the DC metro area, and I want to know if others have a real estate friendly bank they use. W...
I’ve set up a self directed checkbook LLC IRA. So I am now able to invest my IRA retirement monies into real estate. There certainly are many stringent specific rules that are applicable. Such as you cannot stay in t...
Is a deed of trust the same thing as holding a property in a trust?
Hi all,
The below scenario seems unlikely, but is anyone aware of a lender that would provide a HELOC under the following circumstances:
Property held in an LLC
Not currently livable – needs new plumb...
Hello! I am considering co-purchasing a home with my mother and want to know if the current inheritance property tax law that was voted in this year in California (saying if you inherit property, you inherit the prope...
Hi, looking for a CPA or financial advisor that can help me figure out what to do with my flip, specifically, 1031 exchange it, sell or hold it for awhile. Thanks
I am writing up a lease currently which I have used for the past 3 years in Florida. Previously I wrote all the lease paperwork in my name and my wife's. Has anyone had a property held in their personal name while t...