Completely new. I have no properties yet, but I am in the process of teaming up with two others for the purpose of investing in a triplex or four-plex. The other two will be investing more money than me, but I will do...
I'm looking at a small condo to buy as an investment, and I noticed in the seller notes that the property may be subject to firpta... is this a deal killer? I've never heard of firpta until now and in doing my resear...
I have a partner and wanna run a possible strategy by this group.
Say I buy house X for $200k, get a mortgage on it for $100k, then quit claim it in an LLC and sell half of the LLC to my partner at the same valuatio...
Hi,
I've heard that real estate is a decent tax shelter because it allows for a lot a tax write-offs: mortgage interest deduction, building depreciation, deferring capital gains through 1031 exchanges etc.
I'm less...
Hello, I have a question on a possible deal........My HOA has taken record title of a unit and is going to sell via Auction. The HOA is not guaranteeing clear title, only a as is quit claim deed for cash sale. I did...
In the end, I'd certainly get qualified legal/tax advice, but I'm looking for some more initial information here. If my wife and I sell an investment property (held in our names) and do a 1031 Tenants in Common exchan...
I have seen general questions and uncertainty from various people about multifamily properties and how they are classified during the application for a mortgage. There seems to be some ambiguity in determining the # o...
Hello again everyone, and thanks in advance for putting up with all the newb questions! My wife and I moved into a 2007-built home in a newish (post-2000) subdivision about this time last year with the intent of stayi...
I've been reading up on RE investing over the past few weeks (beginner here) and noticed that there are references to certain financial tools (FHA loans, 1031 exchange, etc...) that are available in the US context, bu...
Does anyone know of a legal source of documentation of how long a landlord has to give the tenant a copy of the lease? I signed my lease extension a couple weeks ago and the landlord keeps saying she hasn't had time ...