The Internal Revenue Service has finally issued guidance to help taxpayers understand when a vacation home or a second home may qualify for 1031 exchange treatment.
Revenue Procedure 2008-16
The IRS issued Revenue ...
Does the same procedures apply to wholesaling duplexes, triplexes, or multi family units as when doing single family properties? I have many multi unit deals coming towards me but don't know if the same procedures app...
Licensed agent and investor in Pittsburgh, PA. Currently have 9 units but completely re-evaluating my policies and procedures thanks to BP podcast.
I have downloaded several apps to my phone recently, but before spending a lot of time playing with them all to see which is the best fit, I thought I would ask the forum...I am managing our own rental properties, and...
Hi All: i wanted to get bids on the commercial insurance policy for our single family rental houses to see if I could get a lower rate than what we are currently paying. The new agents i contacted all asked for t...
I have control of a property in Michigan that I am not on title. What is the procedure to have the current owner replaced with me if no consideration or $1.00 consideration ? The property is free and clear with no out...
I find out through a section 8 case manager that a tenant has skipped town and moved across country. I posted 24 hour notice then inspected the property, and all his clothes are gone, but there is trash, random furni...
I have been doing STRs for a few years but my niche is long term rentals. I have been using my property management company to run the STRs.They utilize AirBnb, VRBO, and their own website for the bookings.I basically ...
I am an aspiring new investor and look to enter the investing game through househacking and living in a multifamily property financed by an FHA loan. Given this is the method I am choosing to get the ball rolling for ...
Hello i am owner of 3units Multifamily home in Connecticut. My property manager is asking copy of my social security card for new Section 8 tenant paper work. I am kind of new in this MF investment and want to check i...