Frank C.
newbie LLC and asset protection questions
I plan to buy my first rental property in a few months. I have money saved up. I have met with several bankers. I am learning to analyze deals. I am about to contact a real estate lawyer to set up an LLC and obtain...
Mike A.
Rental - CA - 2/5 Rule Capital Gains Question- CA
Hello All, First time poster, just joined. I have searched the site about rental capital gains and I believe I understand that you must live in the property 2 out of the last 5 years to escape capital gains tax. How...
Mike Freske
Options for investor: 100k
Hello all,Been lurking around the forums for a while and always love to see the advice and knowledge everyone is willing to share.I have a "hypothetical" situation and want to get your thoughts. A person has 100k to w...
Christian Brodin
Should You Even Care About Online Reviews?
There probably was a time when online reviews probably didn't get any notice. You would have the occasional resident who was in eviction, or hit with a late fee, that would vent his or her frustration online and it wo...
Chavis Atkins
Bank no longer paying taxes on home in default
Hi, so I have a home that I found vacant and abandoned. Found this home almost a year ago but couldn't find the owner. Decided to go through my archives of homes I couldn't find the owner and decided to try facebook f...
William D Schablowsky
TIC Deed between spouses after one does 1031 Exchange
My wife and I are looking to purchase property (vacant land). We are looking at purchasing 80% of the property by doing a 1031 Exchange by selling another parcel of vacant land. We have a buyer for the property we a...
Kyle Scofield
How to approach a Seller Financed deal
Just a few questions about offering someone seller financing:When you see the ad, what's the first, second and third thing you do?Do you email/call the seller right away and ask if they'd be willing to do seller finan...
Austin Carr
Open-Ended HELOC in Denver
I've been reading up and I want to get more information about getting an "Open-ended HELOC" in Denver where i can take my money out at will like a checking account and pay off my mortgage in 10 or less. I will be a f...
Demetria Sanchez
Judgement lien in Ga
Hi everyone ,I have a question. I’ve never dealt with this situation and more than likely I won’t pursue it but I want to know out of curiosity how this will play out. I have a client who has a judgement lien out agai...
Raza Rizvi
Opportunity Zone/Fund Tax Deferral
Hello,
I sold a property back in August 2019. I made about $150K that I would need to pay capital gains tax on. I plan to invest the proceeds in an Opportunity Zone (personally) to defer my taxes.
I am getting con...