I am thinking of selling a property that I have held almost 5 years. The buyer has offered an amount close to what I want. Can I do a contract where he pays that amount to a qualified 1031 intermediary and for the r...
The September 2018 Central Texas Housing Market Report is out from the Austin Board of REALTORS® (ABoR). Home sales growth stalled last month in the Austin-Round Rock MSA, but home sales numbers year-to-date remain ve...
Good afternoon! I have an interesting deal that was referred to me yesterday. Here's the situation. Subject property is a Duplex in Los Angeles, otherwise known as L.A. There are five families living in both units. Th...
I'm trying to understand the tax implications of investing in discounted real estate notes. I've heard a couple of differing opinions about how to calculate what is taxable income, but I'm curious to hear from some CP...
I purchased my primary residence in June of 2017. I overpaid for the property, this was a rushed purchase after a move to a new city. Horrible financial decision. If I sell right now, I will lose a good chunk of mo...
So, I'm active duty military with rentals held under my name and an umbrella. I'm going to start flipping. I was going to start an LLC because I was told that it will limit my taxes to 15%. Currently I'm in the 25%...
Massachusetts landlord, looking for the good, bad and the ugly on security deposits.
Where do you investors keep the deposit, what name is the account in, and how do you handle the interest?
Thanks
So I have tenants that are best friends. Over the weekend one tenant got into a car accident and said he wont have rent on the first due to the car payment issues. I said well, you are required to pay rent but Ill giv...
shell property in inner city may be gifted to me. estimate 15k in renovations. comps in area go for anywhere from 50k to 80k. rent lined up at 800 a month. hopefully property will appraise for 60k.
would you sell...
Not sure this is the right place for this post but here it is anyways. I now have 4 SFH that i rent out and feel like its time to start thinking about some liability protection. I've started an LLC but still carry the...